Office Depot investor pushes plan for change

08/5/2013 | Sun-Sentinel (Fort Lauderdale, Fla.)

Activist Office Depot investor Starboard Value submitted a more than 100-page plan to regulators Monday in a push to convince shareholders to vote for its slate of directors at the annual meeting later this month. The plan, which focuses on cost-cutting and downsizing stores, has the potential to disrupt operations in the midst of the retailer's planned merger with OfficeMax, the retailer said in its own regulatory filing.

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Sun-Sentinel (Fort Lauderdale, Fla.)

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