Word: officemax
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...industry boom, then bust? September saw yet another round of layoffs, bankruptcies and general gloom for the Internet industry. Analysts say there were more dotcom layoffs last month than in any month since last December. The NASDAQ plummeted more than 700 points, and websites from MTV.com to OfficeMax slashed their staffs. Even mighty Walmart.com shut its virtual doors to remodel for the holiday rush. The final irony, however, may have come when Dotcomfailures.com a website devoted to bankrupt Internet companies, went out of business. Now that's a downturn...
...thousands of items, from pushpins to personal computers, on which the two often clashed. But analysts viewed the deal positively for exactly that reason. The combined companies would control about 10% of the $150 billion U.S. office-supply business, or about three times the slice held by No. 3 OfficeMax...