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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

Home Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company's professional services business.

Home Depot buying professional supplier SRS Distribution for $18 billion

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion including debt. It is Home Depot's largest acquisition in its history and ...

Home Depot buying supplier to professional contractors in a deal valued at about $18.25 billion

The region saw pending sales of properties—a leading signal of sales that is measured by contract signings—increase by almost 11 percent, the data released on March 28 showed. This was a significant ...

Where Home Sales Are Bucking a Nationwide Trend

“The husband and wife woke up to one of the greatest nightmares that anyone could ever imagine: intruders in their homes. It was the start of 2 1/2 hours of sheer torment,” Chester County District ...

Home intruders tie up couple, torment them for hours, Pennsylvania officials say

The median sales price of a newly constructed home dropped 7.6% year over year, to $400,500 in February, according to a report on Monday from the U.S. Census Bureau and the U.S. Department of Housing.

New-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Rates

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.

Home Depot pays $18.25 billion for McKinney’s SRS Distribution to expand contractor sales

High interest rates and record-breaking prices continue to mar buyers in Massachusetts. This island town was named the country's priciest.


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