Office Depot Slumps After Judge Halts Merger With Staples: Chart

Staples, Office Depot Shares Plummet on Abandoned Merger

Office Depot Inc. slumped in pre-market trading after a federal judge blocked its proposed $6.3 billion merger with Staples Inc. on antitrust grounds. Office Depot slid as much as 38 percent while Staples lost 16 percent.