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Specialty Retail M&A image Specialty Retail M&A » By The Online Investor Staff, updated Fri., Apr. 19, 12:13 AM Recent mergers and acquisitions in the Specialty Retail M&A category.

Slide #15. Office Depot OfficeMax

Acquirer: Office Depot (ODP)
Acquiree: OfficeMax (OMX)
Details: Office Depot, Inc. (NYSE:ODP) and OfficeMax Incorporated (NYSE:OMX) today announced the preliminary results of their respective special meetings of stockholders held earlier this morning. OfficeMax stockholders voted to approve the merger and adopt the Agreement and Plan of Merger with Office Depot. Office Depot stockholders voted to approve the issuance of shares of Office Depot common stock to OfficeMax stockholders pursuant to the Agreement and Plan of Merger.

The ODP is a holding company. Through its subsidiaries, Co. maintains a business-to-business distribution platform of sales and technology service personnel, online presence and retail stores. Co.'s segments are: Business Solutions Division, which provides its business customers with nationally branded and private branded office supply products and services, as well as adjacency products and services in the U.S., Puerto Rico, the U.S. Virgin Islands, and Canada through a sales force, catalogs, telesales, and its Internet websites; and Retail Division, which markets an assortment of merchandise through its chain of retail stores throughout the U.S., Puerto Rico and the U.S. Virgin Islands.

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The ODP is a holding company. Through its subsidiaries, Co. maintains a business-to-business distribution platform of sales and technology service personnel, online presence and retail stores. Co.'s segments are: Business Solutions Division, which provides its business customers with nationally branded and private branded office supply products and services, as well as adjacency products and services in the U.S., Puerto Rico, the U.S. Virgin Islands, and Canada through a sales force, catalogs, telesales, and its Internet websites; and Retail Division, which markets an assortment of merchandise through its chain of retail stores throughout the U.S., Puerto Rico and the U.S. Virgin Islands.

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Open the OMX Page at The Online Investor »

Company Name:  ODP Corp (The)
Stock buyback:  ODP buyback
Website:  www.officedepot.com
Sector:  Specialty Retail
Number of ETFs Holding ODP:  53
Total Market Value Held by ETFs:  $426.56M
Total Market Capitalization:  $1.85B
% of Market Cap. Held by ETFs:  23.07%
Company Name:  OfficeMax Inc (DE)
Website:  www.officemax.com
Sector:  Specialty Retail
 

April 19, 2024    12:13 AM Eastern
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