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 ...

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.

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 ...

(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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However, on June 30 GMS Inc. (NYSE: GMS) announced entering into an agreement with The Home Depot to be acquired by SRS Distribution for approximately $5.5 billion. Thereby kicking QXO, Inc. (NYSE:QXO ...

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 ...

QXO made an unsolicited $5 billion offer for GMS Inc., and said it wouldn’t raise the offer after The Wall Street Journal reported Home Depot Inc. had made a rival bid.

QXO, Inc. (NYSE:QXO) is a roofing, waterproofing, and other building products distributor. The one-month return of QXO, Inc. (NYSE:QXO) was -8.41%, and its shares lost 62.82% of their value over ...

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 ...