NEW YORK, Feb. 25, 2013
/PRNewswire/ -- 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).
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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.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP