As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise ...

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.

Home Depot offers $110 per GMS share Offer is a 36% premium to GMS stock's close on June 18 Including debt, the deal is valued at $5.5 billion GMS shares rise 11.8% Sign up here. 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 ...

Home Depot, based in Atlanta, moved quickly to acquire GMS, putting in its own bid less that two week after the company QXO offered $5 billion, according to a regulatory filing.

Home Depot, based in Atlanta, moved quickly to acquire GMS, putting in its own bid less that two week after the company QXO offered $5 billion, according to a regulatory filing.

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.

The retailer has inked a deal for its SRS Distribution subsidiary to acquire GMS, which specializes in drywall, ceilings and steel framing.

Explore Photos: Home Depot's history in Atlanta The Home Depot transaction comes after another company, QXO Inc., in mid-June proposed to acquire GMS for about $5 billion.