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November 17, 2020

Home Depot reunites with HD Supply in deal valued at $8B

By MICHELLE CHAPMAN
AP Business Writer

Home Depot is reuniting with former subsidiary HD Supply, buying the company in a deal valued at about $8 billion.

The acquisition will give Home Depot a stronger hand in the contractor and professional side of its business, which is booming during the pandemic, just like its more consumer facing, DIY sales.


 
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