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Home Depot, GMS and QXO

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 · 3d

QXO turns attention elsewhere as Home Depot nabs GMS - source

Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted Brad Jacobs-led QXO Inc. (NYSE:QXO) to shift its focus to other targets, according to a person familiar with the matter.

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.

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 ...

Yahoo Finance1d

QXO, Inc. (QXO) Latest Stock News & Headlines - Yahoo Finance

QXO turns attention elsewhere as Home Depot nabs GMS - source. Investing.com -- Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted ...

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 had reached a deal to acquire GMS for $110 per share. The deal, which will ...

13d

GMS Is The Right Fit For QXO's Long-Term Goal

QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.

StockStory.org on MSN3d

GMS (GMS) Shares Skyrocket, What You Need To Know

Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...

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