Home Depot (HD) announces an agreement to acquire GMS (GMS) in a $4.3 billion deal. GMS shares soar on the news. Oracle (ORCL) stock is trading near a record high after the company signed a major ...

Home Depot offers $110 per GMS share Offer is a 36% premium to GMS stock's close on June 18 Including debt, the deal is valued at $5.5 billion GMS shares rise 11.8% ...

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.

GMS shares were up more than 11%, while Home Depots' rose slightly in early trading. Home Depot subsidiary SRS distribution will buy all shares of GMS for $110, as part of the deal, the company said.

Home Depot HD -0.05% will buy building-products distributor GMS GMS 0.59% for about $4.3 billion, winning a bidding war over roofing-products distributor QXO. Under terms of the deal, the home ...

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.

Home Depot makes a major pro contractor play by acquiring GMS for $5.5B Jun. 30, 2025 8:17 AM ET GMS Inc. (GMS) Stock, HD Stock LOW, QXO By: Clark Schultz, SA News Editor 3 Comments Play (3min) ...

Home Depot & GMS Outlook Based on Zacks' estimates, GMS’s total sales are expected to be virtually flat in its current fiscal year 2026 but are projected to rise 3% in FY27 to $5.68 billion.

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. A subsidiary of Home Depot's SRS Distribution ...

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 said Monday that it is buying GMS, a building products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.