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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 ...
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 ...
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 ...
Home Depot is buying GMS for about $4.3 billion as retailer chases ... Home Depot's announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs.
Retailing giant submitted a bid for distributor GMS, which already received an unsolicited offer from serial dealmaker Brad Jacobs this week.
Investing.com -- 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 ...
Billionaire Brad Jacobs is the CEO of QXO, which was created to snap up companies in the building supply sector. In April, QXO completed its approximately $11 billion acquisition of Beacon Roofing ...
“Our all-cash proposal to acquire GMS for $95.20 per share delivers immediate and certain value to GMS shareholders at a meaningful premium,” said Brad Jacobs, Chairman and Chief Executive ...
The GMS bid, at $95.20 per share ... QXO’s growth potential under Brad Jacobs’ leadership is enticing, but its valuation and market risks call for caution.
QXO Inc. is seeking to raise $2 billion in a share sale, as the building products distributor led by billionaire Brad Jacobs pursues a takeover.
Retailing giant submitted a bid for distributor GMS, which already received an unsolicited offer from serial dealmaker Brad Jacobs this week. Skip to Main Content. Explore Our Brands. WSJ; ...