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Office Depot Shareholders Agree to Staples $6.3 Billion Buyout Offer

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This story originally appeared on Reuters

Office supply retailer Inc said its voted in favor of the $6.3 billion buyout offer from larger rival Inc.

The shareholders approval is yet another in the creation of an office supply megastore, set to be the largest in the United States.

Office Depot said 99.5 percent of the votes cast were in favor of the deal, which was announced in February.

(Reporting by Nayan Das and Sruthi Ramakrishnan in )

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