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News

GMS, QXO and Home Depot

Barron's on MSN · 2d
Home Depot Subsidiary to Acquire GMS for $5.5 Billion, Outbidding Rival QXO
Home Depot’s trade distribution subsidiary SRS Distribution has reached an agreement to buy building-products distributor GMS for $110 a share in a deal totaling $5.5 billion, the companies announced Monday.
Seeking Alpha on MSN · 9d
Analysts dig into the potential race between QXO and Home Depot to buy GMS
Home Depot (NYSE:HD) is in the spotlight after reportedly entering a competitive bidding process to acquire GMS (NYSE:GMS), a major U.S. building-products distributor specializing in drywall, ceilings,
Yahoo Finance · 2d
QXO turns attention elsewhere as Home Depot nabs GMS - source
Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted Brad Jacobs-led QXO Inc. (NYSE:QXO) to shift its focus to other targets, according to a person familiar with the matter.
12don MSN
Billionaire Brad Jacobs' QXO offers $5 billion for GMS, threatens to go hostile
Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
10d
GMS: Will QXO's Bid Unlock Its Potential? (Rating Upgrade)
In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...

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