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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) ...
Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...
Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward ...
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 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 ...
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...
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 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 ...
Home Depot's announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs.
In April QXO completed its approximately $11 billion acquisition of Beacon Roofing Supply. The GMS transaction with Home Depot is expected to close by the end of fiscal 2025. Shares of the GMS ...
Home Depot HD.N said Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about ...