News

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 ...
A subsidiary of Home Depot's SRS Distribution unit "will commence a cash tender offer to purchase all outstanding shares of GMS common stock for $110 per share," the home-improvement giant said. Home ...
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 ...
GMS has received an unsolicited acquisition offer from QXO. The company is reportedly also an acquisition target of Home Depot. There could be upside from here, but investors should be careful, given ...
GMS’s stock jumped 11.8% in afternoon trading toward a record close, while Home Depot shares fell 0.6%. Meanwhile, QXO Inc.’s stock rose 3.7%. QXO had submitted an unsolicited bid for GMS on June 19 ...
U.S. stock futures are edging lower as investors digest President Donald Trump's comments on Iran, while shares of Accenture ...
(RTTNews) - GMS Inc. (GMS), a specialty building products distributor, confirmed Thursday that it has received an unsolicited takeover proposal from QXO, Inc. (QXO) for $95.20 per share in cash.
QXO, Inc. (NYSE:QXO) is one of the 10 Best Growth Stocks to Buy With Huge Upside Potential. On June 18, QXO, Inc. (NYSE:QXO) made an offer to acquire GMS Inc. (NYSE:GMS) for about $5 billion in ...
For its part, QXO (NYSE: QXO) said it would proceed with a hostile takeover and take the offer directly to shareholders if GMS management rejects its proposal. The Brad Jacobs-led firm issued a ...
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 ...