Home Depot Gets $10 Billion Bids for Builder Unit, People Familiar Say

Jun 15, 2007 Full story: Bloomberg

Home Depot Inc., the world's largest home-improvement retailer, will receive separate offers of about $10 billion for its contractor-supplies unit from two private- equity groups, people familiar with the ... via Bloomberg

Read more
cea

Costa Mesa, CA

#1 Jun 18, 2007
what will happen to all the employee's at HD when it is sold? Scary... HD has acquired several top employees over the last couple of months. Were they hired only to sell the company and then regroup. Any thoughts?
Tony 3Z

United States

#2 Jun 18, 2007
Well how do you think the people feel who worked for some little company which was bought by Century which was bought by Hughes which was bought by HD Supply? And now HDS is on the block!

Circumstances are unpredictable at this point, but one thing is certain....when private investors do a leveraged buy out, they are not in it for the long haul. They need to see returns right away, and the usual technique to accomplish that is " slash and burn", so hold on to your hat!
Raj

Torrance, CA

#3 Jun 18, 2008
I have always felt that Home Depot has an edge. I can usually find the lumber, nails, screws, pipes and other repair materials at the home depot.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Berwyn Discussions

Title Updated Last By Comments
A Minus for East Sie Flats Equals a Minus for M... Mar 17 Mike 7
Review: Wagsworth Manor Pet Resort (May '09) Mar 2 Anna 67
$1M Veterans Way Home Just Listed in Malvern Mar 1 Disappointed at ESF 1
News Burglars Hit Main Line Homes as Residents Sleep Feb 28 Lost souls 2
News Remembering Jim Croce 40 years on (Sep '13) Feb '15 shizzle 8
Acme Markets $55 Million Monopoly Game is RIGGED (Jan '14) Feb '15 Jim Perkins 33
News Oscar noms Strathairn and McDonnell star in 'Ch... Feb '15 princess12 1
Berwyn Dating
Find my Match
More from around the web

Berwyn People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]