Will OfficeMax’s Merger With Office Depot Sit Well With These Top Institutional Shareholders?

OfficeMax Inc. (NYSE:OMX) and Office Depot (NYSE:ODP) recently announced that they will sign a definitive merger agreement beneath which the companies are to combine in an all-stock merger transaction, a move which is expected to qualify as a tax-free reorganization. The transaction was unanimously approved by the Board of Directors of both companies and it is likely to create a stronger, global provider that is more efficient in competing in the rapidly-changing office solutions industry.

Will  OfficeMax Inc.’s shareholders decreasse their holdings? They reported owning a total of 76.099 million shares on 12/31/2012. The shares closed at $9.74 on 12/31/2012.

Here are the ten largest positions in OfficeMax Inc. at the end of December 31st, 2012.

Vanguard Group Inc. held 5,402,129 shares on 12/31/2012 worth $52,724,780. This brought the portfolio total to 0.01%.

Neuberger Berman Group LLC. held 4,131,601 shares on 12/31/2012 worth $40,324,427. This brought the portfolio total to 0.05%.

Blackrock Fund Advisors held 3,829,337 shares on 12/31/2012 worth $37,374,330. This brought the portfolio total to 0.02%.

Dimensional Fund Advisors L.P. held 3,414,821 shares on 12/31/2012 worth $33,328,654. This brought the portfolio total to 0.04%.

Bank of New York Mellon Corp. held 2,965,797 shares on 12/31/2012 worth $28,946,179. This brought the portfolio total to 0.01%.

Franklin Resources Inc. held 2,903,100 shares on 12/31/2012 worth $28,334,257. This brought the portfolio total to 0.02%.

Thornburg Investment Management Inc. held 2,678,690 shares on 12/31/2012 worth $26,144,015. This brought the portfolio total to 0.12%.

State Street Corp. held 2,357,818 shares on 12/31/2012 worth $23,012,304. This brought the portfolio total to 0.0%.

J.P Morgan Chase & Co. held 2,356,794 shares on 12/31/2012 worth $23,002,310. This brought the portfolio total to 0.01%.

Blackrock Institutional Trust Company N.A. held 2,340,360 shares on 12/31/2012 worth $22,841,914. This brought the portfolio total to 0.01%.

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