News

Billionaire Brad Jacobs' QXO offers $5 billion for GMS, threatens to go hostile
Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
QXO Offers to Buy Building Materials Firm GMS for $5 Billion
QXO Inc. said it sent a letter to GMS Inc. proposing to buy the building products distributor for about $5 billion.The offer of $95.20 a share represents a 27% premium to GMS’s 60-day volume-weighted ...
Why GMS Stock Crushed It This Week
Lately, GMS (NYSE: GMS) has done very well on the stock market for a company that'll soon cease to be an independent business ...
Home Depot agrees $5.5bn deal for building product supply group GMS
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...
GMS: Will QXO's Bid Unlock Its Potential? (Rating Upgrade)
In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...
LBM Journal16d
QXO Proposes to Acquire GMS
QXO, Inc. sent a proposal to the President and CEO of GMS Inc. to acquire all outstanding shares of GMS for $95.20 per share ...
Home Depot buying specialty building products distributor GMS in $4.3B deal
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little ...
StockStory.org on MSN4d
GMS (GMS) Shares Skyrocket, What You Need To Know
Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...
Home Depot is buying GMS for about $4.3 billion as it chases more home pros
Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest ...
EconoTimes16d
QXO Offers $5 Billion to Acquire GMS Amid Industry Shakeup
QXO Inc (NYSE:QXO) has made a $5 billion all-cash bid to acquire GMS Inc (NYSE:GMS), offering $95.20 per sharea 17.5% premium over GMSs closing price on Wednesday. The news sent GMS shares soaring 16% ...
Nasdaq16d
QXO Proposes to Acquire GMS for $95.20 Per Share in Cash
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 ...