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The Home Depot offer trumps the rival bid for GMS by QXO, a construction-supplies company run by Brad Jacobs that recently ...
Lately, GMS (NYSE: GMS) has done very well on the stock market for a company that'll soon cease to be an independent business ...
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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A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...
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GMS (GMS) Shares Skyrocket, What You Need To KnowShares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...
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 ...
Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest ...
Home Depot ( NYSE: HD) has not confirmed that it made an offer for GMS ( NYSE: GMS ). For its part, QXO ( NYSE: QXO) said it ...
GMS was an under-the-radar construction products distributor until last week, when the company received an unsolicited offer from QXO valuing GMS at $95.20 per share.
SRS has offered $110 per GMS share held, representing a premium of nearly 36% to the stock's close on June 18, before the QXO bid was made public. Shares of GMS jumped 11.8% to $108.83 in early ...
Home Depot's announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs.
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