The Home Depot extends tender offer for GMS

* The Home Depot (NYSE:HD [https://seekingalpha.com/symbol/HD]) said on Monday that its wholly owned subsidiary, Gold Acquisition Sub has extended its tender to acquire all outstanding shares of GMS (GMS [https://seekingalpha.com/symbol/GMS]) for $110 per share in cash.
* The offer, initially set to expire on August 22, will now remain open until 11:59 p.m. ET on September 3, 2025.
* As of the original deadline, about 29.3 million GMS shares or 77% of the total had been tendered.
* The deal, announced on June 29, 2025, still needs approval from Canadian regulators and requires a majority of shares to be tendered before it can close.
* Source: Press Release [https://seekingalpha.com/pr/20210103-the-home-depot-announces-extension-of-tender-offer-to-acquire-gms-inc]

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