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| [February 20, 2013] |
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of OfficeMax Incorporated in Connection with the Sale of the Company to Office Depot, Inc.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of OfficeMax
Incorporated ("OfficeMax" or the "Company") (NYSE: OMX) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Office Depot, Inc. ("Office
Depot") (NYSE: ODP).
Click here to learn how to join the action: http://zlk.9nl.com/officemax-omx/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, OfficeMax shareholders will receive
2.69 shares of Office Depot stock for each share of OfficeMax stock they
own,representing a value of approximately $13.50 per share. The deal is
valued at approximately $1.2 billion. The investigation concerns whether
the OfficeMax Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before entering
into this transaction. At least one analyst set a price target for
OfficeMax stock at $17.00 per share.
If you own common stock in OfficeMax and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/officemax-omx/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.

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