OfficeMax shareholder says would support Office Depot merger

NEW YORK Mon Feb 18, 2013 5:17pm EST

NEW YORK Feb 18 (Reuters) - One of OfficeMax Inc's top shareholders, Neuberger Berman, said it would support a merger with Office Depot Inc depending on terms of the deal, according to a portfolio manager at the firm.

Responding to media reports, Benjamin Nahum of Neuberger Berman, told Reuters in an interview that his preference would be for OfficeMax to declare a special dividend before merging with Office Depot.

"In our view this would facilitate a fair deal".

Earlier on Monday, the Wall Street Journal reported that OfficeMax and Office Depot were in advanced talks to merge.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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