News

Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion in cash and said it will proceed with a hostile takeover if the company's ...
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) ...
Home Depot’s trade distribution subsidiary SRS Distribution has reached an agreement to buy building-products distributor GMS for $110 a share in a deal totaling $5.5 billion, the companies announced ...
Roofing-products distributor QXO said Wednesday the proposal implies a total value of $5 billion and is a 27% premium over GMS’s 60-day volume-weighted average price.
A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...
Shares of GMS Inc (NYSE:GMS) are surging over 26% higher on Friday as a potential bidding war is brewing for the distributor of building products. However, the company that helped put the company in ...
QXO, Inc. today sent a proposal to the President and CEO of GMS Inc. to acquire all outstanding shares of GMS for $95.20 per share in cash. "Our all-cash proposal to acquire GMS for $95.20 per ...
Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward ...
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 ...
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 ...