Fla. Beats Ill. For Newly Merged Office Depot HQ

Law360, New York (December 10, 2013, 7:41 PM EST) -- Office Depot Inc. — which recently merged with OfficeMax Inc. — will place its new corporate headquarters in Florida, it said Tuesday, ending months of speculation and handing a blow to Illinois, which had toyed with tax break proposals to attract the retail giant.

The new company will now call Boca Raton, Fla., home and said in a statement that it picked Florida after considering the cost of other locations, lease obligations, tax implications, government incentives and people-related costs.

“Selecting the headquarters location is a critical...
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