Home Depot’s trade distribution subsidiary SRS Distribution has reached an agreement to buy building-products distributor GMS ...

Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about ...

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

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 bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest ...

Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...

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 ...

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.

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.

Shares of GMS jumped 11.8% to $108.83 in early trading. QXO made a $95.20 per share offer, or about $5 billion in cash, and said it was prepared for a hostile takeover if GMS' management did not ...