INVESTOR ALERT: Levi & Korsinsky, LLP Commences an Investigation of the Board of Directors of Office Depot, Inc. In Connection With the Fairness of the Sale of the Company to Staples, Inc.

Levi & Korsinsky is commencing an investigation into the Board of Directors of Office Depot, Inc. (“Office Depot” or “the Company”) (NasdaqGS: ODP) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Staples, Inc. (“Staples”) (NasdaqGS: SPLS).

Click here to learn more about the investigation: http://zlk.9nl.com/office-depot-odp.

Under the terms of the transaction, Office Depot shareholders will receive $7.25 per share in cash and 0.2188 shares of Staples common stock for each Office Depot common share they own. The investigation concerns whether the Board of Office Depot breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Staples is underpaying for Office Depot shares.

If you own Office Depot common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/office-depot-odp.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.