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Economics

OfficeMax Merging With Office Depot

$1.2 billion deal, details on new firm TK

Reason Staff | 2.20.2013 11:24 AM

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Office Depot Inc and smaller rival OfficeMax Inc will combine in a $1.2 billion all-stock deal, the companies said on Wednesday, confirming an agreement inadvertently announced earlier in the day before it was completed.

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