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Home Depot’s trade distribution subsidiary SRS Distribution has reached an agreement to buy building-products distributor GMS ...
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 ...
(Reuters) -Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS ...
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A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...
Home Depot has won a bidding war for GMS, striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 billion including debt.
QXO made a $95.20 per share offer, or about $5 billion in cash, and said it was prepared for a hostile takeover if GMS' management did not accept the proposal by June 24.
2don MSN
Home Depot apparently made its intentions clear over the weekend. On Monday, the home improvement retail giant announced it had reached a deal to acquire GMS for $110 per share. The deal, which will ...
QXO, Inc. (NYSE:QXO) is one of the 11 Unstoppable Tech Stocks to Invest in. On June 21, Reuters reported Billionaire Brad ...
Home Depot offers $110 per GMS share Offer is a 36% premium to GMS stock's close on June 18 Including debt, the deal is valued at $5.5 billion GMS shares rise 11.8% Sign up here. Home improvement ...
Meanwhile, RBC Capital has raised its price target for GMS to $95.20, aligning with QXO’s offer, and maintains a Sector Perform rating.
Home Depot HD 1.78% will buy building-products distributor GMS GMS 0.01% for about $4.3 billion, winning a bidding war over roofing-products distributor QXO. Under terms of the deal, the home ...
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