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Office Depot, OfficeMax agree to merge

Office Depot & OfficeMax Merge

Office Depot Inc. and OfficeMax have agreed to merge in an all-stock deal that would transform the $21.2 billion office supply retail sector. U.S.-based Office Depot Inc. and OfficeMax say holders of OfficeMax shares will receive 2.69 shares of Office Depot for every OfficeMax share they own.

 

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