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Earlier this week, Home Depot said one of its business units was buying building-products distributor GMS for some $4.3 ...
Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and ...
Analyst maintains Buy rating on Home Depot with $450 price target, noting plans for subsidiary SRS Distribution to acquire GMS for $4.3B.
Home Depot's acquisitions of SRS and GMS target large contractors is expanding its moat, driving growth and reducing DIY reliance. Read more on HD stock here.