m_and_a
confidence high
sentiment neutral
materiality 0.85
GMS confirms unsolicited buyout proposal from QXO for $95.20/share cash
GMS Inc.
- QXO, Inc. proposes to acquire all outstanding GMS shares for $95.20 per share in cash.
- GMS Board will review the proposal with advisors Jefferies and Alston & Bird.
- No shareholder action required at this time; further comment deferred pending Board review.
- GMS is a leading North American specialty building products distributor.
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