The Home Depot announced an extension of its tender offer to acquire GMS Inc., moving the expiration date from August 22, 2025, to one minute after 11:59 p.m. Eastern time on Wednesday, September 3, 2025. The offer price remains $110.00 per share in cash.
As of August 22, 2025, approximately 29,310,002 shares of GMS common stock had been validly tendered and not properly withdrawn, representing about 77% of the outstanding shares. This indicates strong shareholder support for the acquisition.
Consummation of the tender offer is still subject to certain conditions, including the expiration or termination of the applicable waiting period under the Canadian Competition Act and the tender of a majority of the shares. The Canadian clearance was received on August 29, 2025.
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