Starboard Value Eyes Merger Between Staples & Office Depot

Staples (SPLS) and competitor Office Depot (ODP) stocks are spiking after activist investor Starboard Value acquired a stake in Staples and raised its stake in Office Depot. Speculations are Starboard will push for the two office supply stores to merge. It has only been about a year since Office Depot combined with Office Max. Starboard was recently very successful in taking over the entire board of Darden Restaurants (DRI) as part of an activist campaign there. Ronald Orol, senior editor at The Deal and talks about Starboard's plans and what they will do if the office supply retailers don't cooperate.