Boise to change name to OfficeMax following sale.

BOISE TO CHANGE NAME TO OFFICE-MAX FOLLOWING SALE. Boise Cascade Boise Cascade Holdings, LLC, which uses the trade name Boise, is an American pulp and paper company, ranked as the thirteenth largest forest products company in the world. Corp., Boise, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation).

Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. , USA has reached a definitive agreement to sell its paper, forest products, and timberland assets for approximately US$ 3.7 billion to affiliates of Boise Cascade L.L.C., a new company formed by Madison Dearborn Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control , a leading private equity investment firm located in Chicago, Illinois. Following the transaction, Boise Cascade Corp. will change its company and trade name to OfficeMax Inc. It will continue to operate its office products distribution business, which had annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. first half 2004 sales of $8.6 billion, as its principal business. Its corporate headquarters will be in Itasca, Illinois.

When the transaction is completed, George J. Harad, currently chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Boise Cascade Corp., will become executive chairman of the board of OfficeMax Inc. Chris Milliken, currently division president and CEO for Boise Office Solutions, will be elected president and CEO of OfficeMax Inc.

The transaction is expected to be complete by mid-November 2004. The acquiring company, Boise Cascade L.L.C., will be privately held and headquartered in Boise, Idaho. Its chief executive officer will be W. Thomas Stephens, former president and CEO of MacMillan Bloedel Ltd. and former chairman, CEO, and president of Manville Corp.

COPYRIGHT 2004 Paper Industry Management Association
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:	Industry News
Publication:	Solutions - for People, Processes and Paper
Geographic Code:	1USA
Date:	Sep 1, 2004
Words:	209
Previous Article:	ASCC receives $5 million educational grant.
Next Article:	Western Forest and Doman complete transaction.
Topics:	Forest products industry Office equipment and supplies industry Office equipment industry

Related Articles
Area businessmen buy sawmill.
Frontier Resources.
Boise Cascade Corp. of Boise, ID, sold its Yakima, WA, plywood plant and sawmill complex to Frontier Resources of Eugene, OR, according to the Idaho...
Boise Cascade Corp. of Boise, ID, has reached a definitive agreement to sell its paper, forest products and timberland assets for approximately $3.7...
OPPORTUNITIES.