The Home Depot (HD) announced that it has received clearance from the Canadian Competition Bureau, in the form of a no action letter, in connection with The Home Depot’s previously announced tender offer to purchase, through its wholly owned subsidiary Gold Acquisition Sub, and subject to certain conditions, all of the outstanding shares of common stock of GMS (GMS), at a price of $110.00 per share in cash, without interest and subject to any required withholding of taxes. The tender offer will expire at one minute after 11:59 p.m., Eastern time, on Wednesday, September 3, 2025, unless the tender offer is otherwise extended further or earlier terminated in accordance with the merger agreement and the applicable rules and regulations of the U.S. SEC.
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