
Home Depot is buying GMS for about $4.3 billion as it chases more home pros
Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%. As part of the deal, the Home Depot-owned…