News
QXO Proposes to Acquire GMS for $95.20 Per Share in Cash
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 transaction value of approximately $5 billion and reflects a 27% premium over GMS’s 60-day volume-weighted average price of $74.
Home Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 ...
Building a Giant Amid Market Headwinds Bradley Jacobs is a business alchemist, transforming modest ventures into industry ...
A Greenwich-based, publicly-traded supplier of roofing products has proposed to acquire a drywall installation company that is headquartered in Georgia for $5 billion. QXO Inc., which trades on the ...
Smith & Wesson said it was still grappling with slow demand, as consumers are cutting back on gun purchases due to tariffs, inflation and interest rates. The firearm maker posted lower sales and ...
ArcelorMittal , the world's second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany ...
U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Wednesday. Shares of GMS Inc. GMS +10.2% Get ...
QXO, a new player in building products distribution, is taking a technology-first approach in a sector where many deals still happen over the phone, naming a chief artificial intelligence officer ...
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