[Related: Office Depot Parent ODP CEO Takes Temporary Leave ... including its approach to capital allocation and any potential alternatives for its businesses - and will continue to do so ...

The cash-and-stock deal deal comes a little more than a year after Office Depot combined with OfficeMax, with too many stores fighting for too few sales. Businesses and consumers have shifted ...

The deal, which is significantly lower that the $1 billion Office Depot paid in 2017 for systems integrator and managed services provider CompuCom, could open the door for rival Staples to execute ...