Reports NBC Philadelphia, “As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise value including net debt of about $5.5 billion, the company said.

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement chai

Home Depot is buying specialty building products distributor GMS for $4.3 billion, emphasizing a deliberate push by the home improvement chain into building and materials supply.