PRESS RELEASE
QXO Proposes to Acquire GMS for $95.20 Per Share in Cash
Jun 18, 2025 6:45 PM Eastern Daylight Time
GREENWICH, Conn.–(BUSINESS WIRE)–QXO, Inc. (NYSE: QXO) today sent a proposal to the President and CEO of GMS Inc. (NYSE: GMS) to acquire all outstanding shares of GMS for $95.20 per share in cash. The proposal implies a total transaction value of approximately $5 billion and reflects a 27% premium over GMS’s 60-day …
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