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Home Depot announced Thursday it is buying SRS Distribution in an $18 billion deal it hopes will attract more pro customers and contractors.

Home Depot acquires SRS Distribution in $18 billion purchase to attract more pro customers

Shares of Home Depot slipped Thursday after the home-improvement retailer announced it would by SRS Distribution for $18.25 billion including debt in the company’s biggest-ever acquisition.SRS, owned ...

Home Depot to Acquire Pro Contractor-Focused SRS Distribution for $18.25 Billion

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Pending home sales in the U.S. rose 1.6% in February, spurred by modest inventory increases and job gains, a report on Thursday said.

U.S. pending home sales increase moderately, NAR says

Key Takeaways Home Depot is acquiring SRS Distribution, which sells and distributes construction materials like roofing supplies to a network of contractors.The deal, valued at $18.25 billion, could ...

Home Depot Buys SRS Distribution for $18.25B in Move To Expand Pro Market

Home Depot on Thursday agreed to buy building materials supplier SRS Distribution for around $18.25 billion from private equity firms Leonard Green & Partners and Berkshire Partners.

Home Depot paying $18 billion to buy SRS Distribution

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SRS has been owned by private equity companies in recent years. Its senior managers led by CEO Dan Tinker are staying on after the acquisition.


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