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Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...
Investing.com -- Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has ...
Meanwhile, RBC Capital has raised its price target for GMS to $95.20, aligning with QXO’s offer, and maintains a Sector Perform rating. Truist Securities also increased its price target for GMS to ...
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GMS (GMS) Shares Skyrocket, What You Need To KnowShares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...
QXO, Inc. (NYSE:QXO) is one of the 11 Unstoppable Tech Stocks to Invest in. On June 21, Reuters reported Billionaire Brad ...
Shares of GMS Inc (NYSE: GMS) are surging over 26% higher on Friday as a potential bidding war is brewing for the distributor ...
In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...
Investing.com -- Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted Brad Jacobs-led QXO Inc. (NYSE: QXO) to shift its focus to other ...
QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.
Investing.com - GMS Inc . (NYSE: GMS) has entered into a definitive agreement to be acquired by The Home Depot (NYSE: HD) through its SRS subsidiary for $110 per share, according to DA Davidson.The ...
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