---
title: "Home Depot will extend the deadline for the GMS acquisition offer to September 3rd"
description: "Home Depot announced that its wholly-owned subsidiary Gold Acquisition Sub has extended the deadline for its acquisition offer for GMS to September 3, 2025, with a bid of $110 per share. As of the ori"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254463747.md"
published_at: "2025-08-25T13:31:02.000Z"
---

# Home Depot will extend the deadline for the GMS acquisition offer to September 3rd

> Home Depot announced that its wholly-owned subsidiary Gold Acquisition Sub has extended the deadline for its acquisition offer for GMS to September 3, 2025, with a bid of $110 per share. As of the original deadline of August 22, approximately 29.3 million shares of GMS stock had been tendered. The transaction requires approval from Canadian regulatory authorities and must have more than half of the outstanding shares tendered to be completed

According to Zhitong Finance APP, Home Depot (HD.US) announced on Monday that its wholly-owned subsidiary Gold Acquisition Sub has extended the cash offer deadline for acquiring all outstanding shares of GMS (GMS.US), with a bid of $110 per share.

The offer was originally set to expire on August 22 and has now been extended to September 3, 2025, at 11:59 PM Eastern Time. As of the original deadline, approximately 29.3 million shares of GMS stock (representing 77% of the total outstanding shares) had been tendered.

This transaction was announced on June 29, 2025, and is still subject to approval by Canadian regulatory authorities, and more than half of the outstanding shares must be tendered for the deal to be completed.

As the world's largest home improvement retailer, Home Depot operates over 2,353 stores across the U.S., Canada, and Mexico, with more than 800 branches and 325 distribution centers, employing over 470,000 people globally. This offer is based on the merger agreement previously reached between Home Depot and GMS. Home Depot has stated that the new business unit formed after the merger will create a vast network covering over 1,200 locations, with more than 8,000 delivery vehicles, capable of completing tens of thousands of job site deliveries daily.

Broadridge Corporate Issuer Solutions, LLC serves as the offer custodian, and D.F. King & Co., Inc. acts as the information agent

### Related Stocks

- [HD.US - Home Depot](https://longbridge.com/en/quote/HD.US.md)
- [GMS.US - GMS](https://longbridge.com/en/quote/GMS.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.