Office Depot Selling CompuCom: What You Need to Know

Is Office Depot selling CompuCom?
Office Depot on Friday unveiled the sale of CompuCom systems integration business to an affiliate of Variant Equity Advisors, a Los Angeles based equity firm specializing in corporate divestitures. The acquisition of CompuCom marks the first move by Variant into the managed services business.
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Since late 2019, the well-known office supply retailer Office Depot has been in talks to sell CompuCom, its IT services division. The agreement hasn’t been finalized, despite the initial expectation that it would be finished by the end of 2020. Therefore, Office Depot is still in the process of selling CompuCom, which is the answer to the original query.

Thomas H. Lee Partners, a private equity company, is a potential buyer of CompuCom. If the $1 billion deal goes through, Office Depot will be able to concentrate on its core office supply business.

The answer to the linked query, “Can OfficeMax gift cards be used at Office Depot?” is in the affirmative. In 2013, OfficeMax and Office Depot amalgamated, and ever since, the two companies have been known as Office Depot. Gift certificates from both companies can therefore be redeemed at any Office Depot location or online.

The duration of Office Depot incentives vary based on the sort of prize, so let’s move on to that question. For instance, the Office Depot Business Credit Account rewards are good for a year after they are earned. The Office Depot incentives program’s incentives, meanwhile, are good for 90 days after the date they are issued.

Hard inquiries might potentially reduce a credit score by a few points with each one, according to research on the subject. The precise effect, however, depends on a number of variables, including the person’s credit history and the frequency of requests. A hard inquiry often lasts for up to two years on a credit report.

Last but not least, prequalifying for a car loan normally entails a soft query on a credit report; nevertheless, this inquiry has no impact on a credit score. However, a hard inquiry may be made if a prequalification results in a loan application, which could temporarily reduce a credit score. However, the effects of a single hard inquiry are typically negligible and can be reduced by making loan payments on time.

The validity of Office Depot rewards varies depending on the type of rewards, hard inquiries can affect credit scores, and prequalification for a car loan may or may not have an impact on credit scores depending on the type of inquiry made. In conclusion, even though the sale of CompuCom by Office Depot has not been finalized, gift cards from OfficeMax can be used at Office Depot.

FAQ
One may also ask does pre-approval hurt credit score?

There is no connection between the pre-approval query and the article regarding Office Depot selling CompuCom. Pre-approval for a loan or credit card, however, typically entails a soft credit check that has no impact on your credit score. Your credit score could be impacted if you submit the application and the lender runs a hard credit inquiry. Before moving forward with the application, it is usually a good idea to inquire with the lender about the type of inquiry they will make and how it will influence your credit score.

Also, what is the most widely accepted credit card worldwide?

The most extensively used credit card worldwide is not mentioned in the article titled “Office Depot Selling CompuCom: What You Need to Know”. The most extensively used credit cards worldwide, however, are Visa and Mastercard, according to a number of publications, including Forbes and CreditCards.com.

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