Office Depot agrees to buy OfficeMax in s

Office Depot agrees to buy OfficeMax in stock deal
Associated Press

In this combination of Associated Press file photos, an Office Depot is pictured in Miami, left, Wednesday, Feb. 14, 2007, and an OfficeMax store is shown in Philadelphia Wednesday, Aug. 3, 2006, right. Office Depot and OfficeMax announced Wednesday, Feb. 20, 2013, that they are being collated. The retailers said Wednesday they have agreed to combine in an all-stock deal worth about $1.2 billion that would transform the office-supply retail sector, helping the No. 2 and No. 3 chains compete against industry behemoth Staples. (AP Photo/File)

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