Economics

Office Depot Moving New HQ to Florida After Merger With Illinois-Based OfficeMax

Asked for tax breaks from both states, will offer jobs in Florida to some Illinois-based employees

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Office Depot said Tuesday it has chosen Boca Raton, Fla. for its new headquarters over Naperville.

Office Depot completed its merger with Naperville-based OfficeMax last month, but the pair hadn't yet announced where the combined company would be based.

The companies asked for tax breaks from both states. Illinois lawmakers adjourned last week before making a decision.