Tag

Gms

All articles tagged with #gms

Home Depot to Acquire GMS in $4.3 Billion Deal

Originally Published 6 months ago — by CNBC

Featured image for Home Depot to Acquire GMS in $4.3 Billion Deal
Source: CNBC

Home Depot is acquiring GMS, a building-products distributor, for about $4.3 billion to expand its offerings to contractors and home professionals, completing the deal by early 2026 after a bidding war with QXO. This move aligns with Home Depot's strategy to focus on professional customers amid slowing DIY sales.

Home Depot Expands Building Supply Business with $4.3 Billion GMS Acquisition

Originally Published 6 months ago — by Yahoo Finance

Featured image for Home Depot Expands Building Supply Business with $4.3 Billion GMS Acquisition
Source: Yahoo Finance

Home Depot is acquiring GMS for approximately $4.3 billion to expand its building supply business, focusing on serving professional builders and creating a large network of distribution and delivery options, as part of its strategic move into building materials following its earlier acquisition of SRS Distribution.

QXO and Home Depot Compete for GMS in Potential Hostile Bid

Originally Published 6 months ago — by Barron's

Featured image for QXO and Home Depot Compete for GMS in Potential Hostile Bid
Source: Barron's

QXO, a building supplies company led by Brad Jacobs, is attempting to acquire GMS in a potential bidding war with Home Depot, which has also shown interest. QXO recently bought Beacon Roofing Supply and has made a $5 billion offer for GMS, while Home Depot is also interested. Analysts suggest QXO may be cautious in its bidding strategy, and the outcome remains uncertain, but QXO's stock has risen significantly this year.

"2023-24 NHL Predictions: Stanley Cup, Fantasy Draft Tips, Power-Play Cheat Sheet, and Weak Top-Six Forward Groups"

Originally Published 2 years ago — by The Athletic

Featured image for "2023-24 NHL Predictions: Stanley Cup, Fantasy Draft Tips, Power-Play Cheat Sheet, and Weak Top-Six Forward Groups"
Source: The Athletic

A prediction contest for the 2023 NHL season has been launched, challenging participants to predict various outcomes such as playoff teams, coaches and GMs who will stay in their positions, top rookies, and more. The contest has grown in popularity over the years, but no one has achieved a particularly high score. The winner will receive a signed copy of a book and bragging rights. Participants must submit their answers by October 10th.

Assessing the aftermath of Kyle Dubas' departure from the Maple Leafs.

Originally Published 2 years ago — by The Athletic

Featured image for Assessing the aftermath of Kyle Dubas' departure from the Maple Leafs.
Source: The Athletic

After Kyle Dubas' exit as general manager of the Toronto Maple Leafs, rival NHL GMs weighed in on their dealings with him over the past few years. They praised his intelligence, thorough approach, and integrity. While Dubas had a modern approach and put together contending teams, his playoff record included only one series win. The manner in which his exit played out was somewhat bizarre, with a change of heart from team president Brendan Shanahan. It remains to be seen if Dubas will land another GM job elsewhere.