Walter Kornbluh, chairman and president of Marathon...

Walter Kornbluh, chairman and president of Marathon Office Supply, announced that he is heading a group of investors that have purchased a block of 400,050 shares of Marathon stock, 23% of the shares outstanding, for $1 a share. The buying group included two other Marathon directors and two business associates of Kornbluh. The block of stock originally was owned by Guy Ramsey, who accumulated it over a period of time beginning March 8, 1986. Ramsey’s associate, Edward Y. Albert Jr., tendered his resignation from the board.