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OFFICE DEPOT APPLIES TO LIST STOCK ON THE NEW YORK STOCK EXCHANGE

    OFFICE DEPOT APPLIES TO LIST STOCK ON THE NEW YORK STOCK EXCHANGE
    DELRAY BEACH, Fla., Nov. 22 /PRNewswire/ -- Office Depot, Inc. (NASDAQ: ODEP), the nation's largest chain of office products superstores, today announced that it has filed an application to list its common stock on the New York Stock Exchange (NYSE).  It is expected that the stock will begin trading on NYSE in December 1991 under the symbol ODP.
    "We believe listing on the New York Stock Exchange will provide Office Depot with greater visibility among both individual and institutional investors.  It is in the best interest of both our company and shareholders that we have access to the largest and most diverse investor base in the United States and abroad," said David I. Fuente, chairman and chief executive officer of Office Depot, Inc.
    Office Depot currently operates 219 stores in 29 states.  The company opened its first store in Fort Lauderdale, Fla., in October 1986.
    -0-                        11/22/91
    /CONTACT:  Barry J. Goldstein, chief financial officer of Office Depot, Inc., 407-265-4237/
    (ODEP) CO:  Office Depot, Inc. ST:  Florida IN:  REA SU: 177 11-22-91 11:13 EST MR-AK -- FL004 -- 6331 11/22/91 11:17 EST
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Publication:PR Newswire
Date:Nov 22, 1991
Words:196
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