The Home Depot (NYSE:HD) said on Monday that its wholly owned subsidiary, Gold Acquisition Sub has extended its tender to acquire all outstanding shares of GMS (GMS) for $110 per share in cash.
The offer, initially set to expire on August 22, will now remain open until 11:59 p.m. ET on September 3, 2025.
As of the original deadline, about 29.3 million GMS shares or 77% of the total had been tendered.
The deal, announced on June 29, 2025, still needs approval from Canadian regulators and requires a majority of shares to be tendered before it can close.
