The Home Depot Completes Acquisition of GMS Inc. Through Subsidiary SRS Distribution
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The Home Depot Inc. has completed its acquisition of GMS Inc. through SRS Distribution Inc. for approximately $5.5 billion, including net debt. The deal was finalized after accepting all validly tendered shares at $110 per share in cash. This acquisition aims to enhance The Home Depot’s offerings for professional contractors by integrating GMS’s specialty building products, thereby strengthening its market position.
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