The Home Depot, Inc. (HD) Completes the $5.5 Billion Acquisition of GMS Inc.
Group 1 - The Home Depot, Inc. has completed the acquisition of GMS Inc. for $5.5 billion, enhancing its position in the building materials distribution sector [2][3] - The acquisition allows The Home Depot to better serve professional contractors and unlock cross-selling opportunities [3] - Nearly 80% of GMS shares were tendered, facilitating its integration as a wholly owned subsidiary of The Home Depot [3] Group 2 - The Home Depot is recognized as one of the best stocks for financial stability and investment [1][4] - The company operates as the world's largest home improvement retailer, providing a wide range of building materials and professional solutions [4]