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Office Depot (ODP) agrees to buy OfficeMax (OMX) in a deal in which the company will issue 2.69...

Office Depot (ODP) agrees to buy OfficeMax (OMX) in a deal in which the company will issue 2.69 new shares of common stock for each outstanding share of OfficeMax common stock. Representation on the board will be split 50-50. Update at 9:10: The deal was announced prematurely and the press release has been taken down from the Office Depot website. (PR)
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