OfficeMax, Office Depot Confirm Merger, OMX to Receive 2.69 ODP Shares for Each OMX Share; Both Stocks Halted
Posted on February 20, 2013 at 09:34 AM EST
OfficeMax Incorporated (NYSE: OMX ) and Office Depot, Inc. (NYSE: ODP ) today announced the signing of a definitive merger agreement under which the companies would combine in an all-stock merger of equals transaction intended to qualify as a tax-free reorganization. The transaction, which was unanimously approved by the Board of Directors of
