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Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, hedge funds, financial advisors and other financial institutions and investors on their most important merger, acquisitions and takeover transactions.

Office Depot and OfficeMax Agree to $1.2 Billion Merger

Paul, Weiss clients PJ Solomon and Morgan Stanley acted as joint financial advisers to Office Depot in its agreement to merge with OfficeMax for $1.2 billion. Terms of the deal call for Boca Raton, Florida-based Office Depot to issue 2.69 shares for each share of OfficeMax, valuing the smaller company at $13.50 per share. Naperville, Illinois-based OfficeMax will have the ability to pay dividends of up to $131 million, or $1.50 per share, before closing.

The Paul, Weiss team included corporate partners Jeffrey Marell and Tracey Zaccone.

February 22, 2013

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