Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Office Depot, Inc. Stockholders

NEW YORK--()--Kirby McInerney LLP is investigating potential claims against Office Depot, Inc. (“Office Depot” or the “Company”) (NASDAQ:ODP) concerning the proposed acquisition of the Company by Staples, Inc. (“Staples”) (NASDAQ:SPLS). Under the terms of the definitive agreement, Office Depot stockholders will receive $7.25 in cash and 0.2188 shares of Staples common stock for each share of Office Depot common stock they own, valuing the deal at approximately $11.00 per share. The total transaction value is approximately $6.3 billion.

The investigation concerns whether the Office Depot Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are an Office Depot stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Contacts

Kirby McInerney LLP
J. Brandon Walker, Esq., 212-699-1145
bwalker@kmllp.com
or
Melissa Fortunato, Esq., 212-699-1141
mfortunato@kmllp.com

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