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February 20, 2013 at 11:12 AM EST
Office Depot, OfficeMax staple fortunes together
In a bid to better their chances in a challenging industry, No. 2 U.S. office-supplies chain Office Depot and the No. 3 player OfficeMax are merging in a stock deal valued at about $1.19 billion.
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OFFICE DEPOT, Inc.
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