A 30-day waiting period has passed, and Boise Cascade is cleared to acquire Cleveland-based OfficeMax, an office products and business machines marketer. As announced on July 14, the value of the transaction is roughly $1.15 billion. The transaction has been approved by both companies’ directors, and awaits approval to each firm’s shareholders. The transaction is expected to close in the fourth quarter.
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A 30-day waiting period has passed, and Boise Cascade is cleared to acquire Cleveland-based OfficeMax, an office products and business machines marketer.
As announced on July 14, the value of the transaction is roughly $1.15 billion. The transaction has been approved by both companies’ directors, and awaits approval to each firm’s shareholders. The transaction is expected to close in the fourth quarter.
Boise Cascade is based in Cleveland.
