Challenge To $1.2B OfficeMax-Office Depot Merger Dropped

Law360, New York (January 27, 2014, 6:24 PM EST) -- The plaintiff in a proposed federal class action challenging OfficeMax Inc.’s $1.2 billion merger with Office Depot Inc. dropped the suit Monday after an Illinois judge last week approved a settlement in a consolidated putative class action also challenging the merger.

Attorneys for plaintiff Eric Hollander filed documents with the federal Northern District of Illinois agreeing to a voluntary dismissal of Hollander’s putative class action after Du Page County Circuit Judge Ronald D. Sutter granted final approval of the global settlement Jan. 21 in Donepudi v....
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