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Home Depot, GMS

Barron's on MSN · 3d

Home Depot Subsidiary to Acquire GMS for $5.5 Billion, Outbidding Rival QXO

The Home Depot offer trumps the rival bid for GMS by QXO, a construction-supplies company run by Brad Jacobs that recently purchased Beacon Roofing Supply for $11 billion. Earlier this month, QXO had made an unsolicited offer of about $5 billion, or $95.20 a share, for GMS. Home Depot’s $110-per-share offer is nearly 16% higher than that.

Yahoo Finance · 15d

QXO Proposes to Acquire GMS for $95.20 Per Share in Cash

QXO, Inc. (NYSE: QXO) today sent a proposal to the President and CEO of GMS Inc. (NYSE: GMS) to acquire all outstanding shares of GMS for $95.20 per share in cash. The proposal implies a total transaction value of approximately $5 billion and reflects a 27% premium over GMS’s 60-day volume-weighted average price of $74.

Investopedia on MSN · 3d

Home Depot Wins Bidding War, Will Acquire GMS for $4.3B

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.

15don MSN

QXO Proposes $5 Billion Acquisition of GMS

QXO Inc. proposed to acquire interior-construction-products distributor GMS Inc. for $95.20 a share. Roofing-products ...

13don 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 ...

11d

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 ...

3don MSN

Why GMS Stock Is Soaring Today

Home Depot apparently made its intentions clear over the weekend. On Monday, the home improvement retail giant announced it ...

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