November 16, 2012 at 10:23 AM EST
OfficeMax Rallies on Stake in Wood Products IPO
Shares of office supply company OfficeMax (OMX) jumped 27% in early trading on Friday after wood products manufacturer Boise Cascade filed S-1 papers with the SEC signaling its intention to go public in a $200 million offering. OfficeMax invested $175 million in Boise Cascade in 2004 and reportedly could benefit from a special dividend worth [...]
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