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GMS had been Jacobs’ latest target; he offered $5 billion in cash for the firm last week and threatened a hostile takeover if the bid was rejected. Home Depot ultimately topped that bid.
The Home Depot Enters Into Agreement for SRS Distribution to Acquire GMS By The Home Depot, GMS Inc. Jun 30, 2025 Updated Jun 30, 2025 ...
A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to buy all outstanding shares of GMS for $110 per share.
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Home Depot Seeks to Buy GMS in Challenge to QXO, WSJ SaysHome Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building-products distributor, the Wall Street ...
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Considerable on MSNInvestors cautious amid stock market slideThe stock market fell on Friday as investors monitored developments in the Middle East and evaluated potential future ...
Home Depot is completing the acquisition through SRS, which will remain a subsidiary of the big-box retail company. Together, GMS and SRS will operate “a network of more than 1,200 locations and a ...
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...
Investing.com - TD (TSX: TD) Cowen has reiterated its Buy rating and $470.00 price target on Home Depot (NYSE: HD), currently valued at $351 billion in market cap, following reports that the home ...
The exact price or timing of Home Depot’s bid could not be determined, the WSJ noted. Shares in GMS (NYSE: GMS), which have already risen in recent weeks thanks to increased speculation over a ...
The tensions started Friday, when Immigration and Customs Enforcement officers and others arrested over 40 immigrants in raids targeting day laborers at a Home Depot parking lot and workers at the ...
The Home Depot is discounting various charcoal, gas, propane, and pellet grills with prices from $99. The sale includes major brands like Weber, Kingsford, Blackstone, Nexgrill, and more.
In a Forbes Home survey, 85% of homeowners said they think home warranties are worth it, and 81% said they are planning to renew when their initial contract is up. However, whether a home warranty ...
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