Home Depot Cuts The Price
It has been reported that Home Depot will accept $8.5 billion from private equity firms for its Wholesale Supply Unit cut down $1.8 billion from the original offer. The lower price is due to the tighter conditions that have arisen in the credit markets. The deal is expected to allow Home Depot to proceed with its plan to buy back up to $22.5 billion in company shares.
Socialize
Leave a Reply