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Office Supplies Sector Merger Faces Challenge

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Bloomberg reports that an OfficeMax investor named Eric Hollander is suing to stop the merger between the retailer and its rival Office Depot over what he views as inadequate pricing of the deal. Hollander, who filed a complaint with a federal court last week, believes OfficeMax is worth much more than Office Depot's offer. He would like to prevent the merger from going through until a better deal is put on the table.

Does anyone have thoughts abou whether this lawsuit has a leg to stand on?

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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