![]() The Hindu |
Stocks Ride Deal Talks to October 2007 Levels
Wall Street Journal OfficeMax surged $ 2.25, or 21%, to $ 13.00 and Office Depot jumped 43 cents, or 9.4%, to 5.02 after The Wall Street Journal reported the companies are in advanced talks to merge in a stock-for-stock deal. Rival Staples climbed 1.70, or 13%, to 14.65 … US STOCKS SNAPSHOT-Wall Street closes up on M&A activity Merger Rumors Send Stocks Higher US stocks gain on talk of merger flurry, German data; Dow gains 0.39% |