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Home » Home Depot & Hughes Supply?

Home Depot & Hughes Supply?

Rumors are rampant on possible acquisition talks

By    Lindsay  Young 
November 10, 2005
More about:  Building Materials/Construction,  HD Supply,  Mergers/Acquisitions

The rumor mill is churning over whether The Home Depot is looking to buy diversified distributor Hughes Supply. Hughes' recent strong financials paired with increased global competition and consolidation have caused the company to examine ways to continue growing. Two analysts give their take on the speculation, and we offer a little background on why Hughes may be an attractive target.


Speculation has risen in recent weeks that The Home Depot Inc., Atlanta, GA, may launch or may have already launched a bid for industrial distributor Hughes Supply Inc., Orlando, FL. The speculation was fueled by the announcement a couple of weeks ago that Hughes' Board of Directors has authorized the company to "consider strategic alternatives for the company to maximize shareholder ...

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The rumor mill is churning over whether The Home Depot is looking to buy diversified distributor Hughes Supply. Hughes' recent strong financials paired with increased global competition and consolidation have caused the company to examine ways to continue growing. Two analysts give their take on the speculation, and we offer a little background on why Hughes may be an attractive target.


Speculation has risen in recent weeks that The Home Depot Inc., Atlanta, GA, may launch or may have already launched a bid for industrial distributor Hughes Supply Inc., Orlando, FL. The speculation was fueled by the announcement a couple of weeks ago that Hughes' Board of Directors has authorized the company to "consider strategic alternatives for the company to maximize shareholder ...



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