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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) ...
We came across a bullish thesis on GMS Inc. on Stock Region Research’s Substack by Stock Region. In this article, we will ...
A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...
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 ...
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...
Lately, GMS (NYSE: GMS) has done very well on the stock market for a company that'll soon cease to be an independent business ...
Jacob’s building products distributor, QXO, had offered to acquire GMS for $5 billion in cash and stated that it would push ...
Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest ...
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, based in Atlanta, moved quickly to acquire GMS, putting in its own bid less that two week after the company QXO offered $5 billion, according to a regulatory filing.
Home Depot's announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs.