News

Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
QXO, Inc. (NYSE: QXO) today sent a proposal to the President and CEO of GMS Inc. (NYSE: GMS) to acquire all outstanding shares of GMS for $95.20 per share in cash. The proposal implies a total ...
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 targets, according to ...
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...
QXO, Inc. (NYSE:QXO) is one of the 11 Unstoppable Tech Stocks to Invest in. On June 21, Reuters reported Billionaire Brad ...
In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...
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 ...
Shares of GMS Inc (NYSE: GMS) are surging over 26% higher on Friday as a potential bidding war is brewing for the distributor of building products. However, the c ...
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 ...
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 ...
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.