The Rosen Law Firm announces that it is investigating the Board of Directors of Office Depot, Inc. (NASDAQ:ODP) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Office Depot to maximize shareholder value before agreeing to be acquired by Staples, Inc. (NASDAQ:SPLS).

If you would like to join the action, go to http://rosenlegal.com/cases-498.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $7.25 in cash and 0.2188 of a share in Staples common stock for each share of Office Depot they own. The proposed transaction is valued at approximately $6.3 billion. The investigation relates to whether the proposal is fair to the public shareholders of Office Depot and whether Office Depot’s Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Office Depot and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-498.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

The Rosen Law Firm, P.A.Phillip Kim, Esq.Kevin Chan, Esq.Laurence Rosen, Esq.275 Madison Avenue, 34th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: 1-866-767-3653Fax: (212) 202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com

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