Office Depot agrees to buy OfficeMax in stock deal

— Office Depot and OfficeMax are being collated.

The retailers said Wednesday that they have agreed to combine in an all-stock deal worth about $1.2 billion that would transform the office-supply retail sector, helping the No. 2 and No. 3 chains compete against Staples.

The deal still has to go through shareholder and regulatory approvals.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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