GREENWICH, Conn. -- (BUSINESS WIRE)-- QXO, Inc. (QXO) today sent a proposal to the President and CEO of GMS Inc. (GMS) to acquire all outstanding shares of GMS for $95.20 per share in cash.

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) made an offer to acquire GMS Inc. (NYSE:GMS) for about $5 billion in ...

A subsidiary of Home Depot's SRS Distribution unit "will commence a cash tender offer to purchase all outstanding shares of GMS common stock for $110 per share," the home-improvement giant said. Home ...

GMS confirmed it received the unsolicited proposal from QXO, and said its board will evaluate the offer. GMS closed June 18 at $81.01 per share and finished last week at $76.03.

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 ...

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(RTTNews) - GMS Inc. (GMS), a specialty building products distributor, confirmed Thursday that it has received an unsolicited takeover proposal from QXO, Inc. (QXO) for $95.20 per share in cash.

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For its part, QXO (NYSE: QXO) said it would proceed with a hostile takeover and take the offer directly to shareholders if GMS management rejects its proposal. The Brad Jacobs-led firm issued a ...

GMS Inc. (NYSE: GMS) (the “Company”), a leading North American specialty building products distributor, confirmed that it has received an unsolicited proposal from QXO, Inc. (“QXO”) to ...

Home Depot, based in Atlanta, moved quickly to acquire GMS, putting in its own bid less than two weeks after the company QXO offered $5 billion, according to a regulatory filing.