By Sabrina Valle (Reuters) -Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion in cash and said it will proceed with a ...

Lately, GMS (NYSE: GMS) has done very well on the stock market for a company that'll soon cease to be an independent business ...

Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...

Home Depot HD.N said Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about ...

In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...

QXO turns attention elsewhere as Home Depot nabs GMS - source. Investing.com -- Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted Brad ...

Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...

On June 18th, QXO, fresh off its $11 billion cornerstone acquisition of Beacon Roofing Supply (NASDAQ:BECN), made a surprise all-cash offer of $95.20 per share for GMS. The next day, the Wall Street ...

Meanwhile, RBC Capital has raised its price target for GMS to $95.20, aligning with QXO’s offer, and maintains a Sector Perform rating.

QXO saw its share prices jump by 21 percent to end Friday’s trading at $23.79 versus the $19.66 a week earlier, ... QXO Inc.(QXO) Soars 21% W/W on GMS Bid. Published on June 22, ...

QXO, Inc. (NYSE:QXO) is one of the 11 Unstoppable Tech Stocks to Invest in. On June 21, Reuters reported Billionaire Brad Jacobs, CEO of QXO, Inc. (NYSE:QXO) made an offer to acquire GMS Inc (NYSE ...

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 ...