
Core Viewpoint - Home Depot (HD.US) has extended the cash offer deadline for acquiring all outstanding shares of GMS (GMS.US) to September 3, 2025, at a price of $110 per share, with approximately 29.3 million shares (77% of total shares) already tendered by the original deadline [1] Group 1: Acquisition Details - The acquisition was initially announced on June 29, 2025, and requires approval from Canadian regulatory authorities [1] - More than half of the outstanding shares must be tendered for the acquisition to be completed [1] Group 2: Company Overview - Home Depot operates over 2,353 stores across the US, Canada, and Mexico, with more than 800 branches and 325 distribution centers, employing over 470,000 people globally [1] - The merger is expected to create a large network with over 1,200 locations and more than 8,000 delivery vehicles, capable of completing thousands of job site deliveries daily [1] Group 3: Financial and Operational Aspects - Broadridge Corporate Issuer Solutions, LLC is acting as the depositary for the offer, while D.F. King & Co., Inc. serves as the information agent [1]