Home Depot’s $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A
Earlier this week, Home Depot said one of its business units was buying building-products distributor GMS for some $4.3 billion, prevailing in a bidding war and showing just how seriously the home improvement chain is about winning the market for professional contractors at a time the do-you-it yourself market is tough going. GMS, whose name … Read more