Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing.

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Home Depot (HD) announces an agreement to acquire GMS (GMS) in a $4.3 billion deal. GMS shares soar on the news. Oracle (ORCL) stock is trading near a record high after the company signed a major ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...

Sometimes, a home improvement project is just a dud. For more than three years, Elisa and Peter DeNicholas have been battling with Home Depot over a back door that’s been nothing but trouble ...

A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to buy all outstanding shares of GMS for $110 per share.

Home Depot shares closed at $365.20, down 0.6%, on Monday. The company reported revenue of nearly $40 billion in its fiscal first quarter this year, up 9% from a year earlier.

GMS shares were up more than 11%, while Home Depots' rose slightly in early trading. Home Depot subsidiary SRS distribution will buy all shares of GMS for $110, as part of the deal, the company said.