RadioShack (RSH) On Watch as OfficeMax/Office Depot Near Deal
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Price: $4.19 --0%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 10.6%
EPS Growth %: -337.5%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 10.6%
EPS Growth %: -337.5%
Trade RSH Now!
Speculators could have their eye on beleaguered retailer RadioShack Corp. (NYSE: RSH) on news that office supply retailers OfficeMax, Inc. (NYSE: OMX) and Office Depot (NYSE: ODP) are in advanced talks to merge.
A successful deal between the two struggling retailers could put the spotlight on RadioShack as a viable merger of private equity takeover target itself.
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A successful deal between the two struggling retailers could put the spotlight on RadioShack as a viable merger of private equity takeover target itself.
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