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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 · 4d

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 · 4d

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.

Why GMS Stock Crushed It This Week

Lately, GMS (NYSE: GMS) has done very well on the stock market for a company that'll soon cease to be an independent business ...

12d

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 ...

The Motley Fool4d

Why GMS Stock Is Soaring Today - The Motley Fool

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.

StockStory.org on MSN4d

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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