Core Insights - GMS has performed well in the stock market despite its impending acquisition, with shares increasing by nearly 13% over a holiday-shortened week [1] - SRS Distribution, a subsidiary of Home Depot, has acquired GMS after a bidding war, offering $110 per share in cash, significantly higher than QXO's previous offer of $95.20 [2][4] - Analysts have adjusted their price targets to align with the acquisition price of $110 per share, indicating confidence in the deal [6] Company Developments - GMS was previously approached with an unsolicited buyout offer from QXO before SRS Distribution's bid [4] - The acquisition is expected to enhance GMS's product and service offerings, benefiting professional contractor customers [5] - Following the acquisition announcement, analysts have expressed skepticism about the emergence of another bidder with a higher offer [6]