Home Depot considers sale of supply business
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Home Depot Inc.  said on Monday it was considering a sale, spin-off or initial public offering of its professional supply business to focus on its retail stores, reversing a controversial policy of former CEO Robert Nardelli to expand the unit.
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Home Depot Inc  agreed to cut  the price in its supply division sale to buyout firms by $1.8  billion, sources said on Sunday, as a housing market drop and a  credit crunch forced all sides to renegotiate.
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THE REGION Bain Capital LLC and two other buyout firms agreed to buy Home Depot's contractor supply business for $10.3 billion. The Boston firm and its partners, Carlyle Group of Washington, D.C., and Clayton, Dubilier &amp; Rice Inc. of New York, are expected to close the deal for HD Supply in the next few months. The wholesale unit is the ...
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Home Depot was scrambling last night to save the sale of its wholesale unit to a consortium of private equity firms, lowering its asking price by about $1.2 billion from the original $10.3 billion it agreed upon, people involved in the talks said.
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Home Depot Inc.  said on Tuesday that its board approved the sale of its supply unit for $10.3 billion to private equity firms.
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Kmart finalizes a revised deal worth $271M, has an option to sell another store to Home Depot. NEW YORK  - Kmart finalized Monday a deal to sell 18 of its stores to Home Depot Inc.
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Home Depot reached a tentative new agreement today to sell its wholesale unit to a consortium of private equity firms for a reduced price of $8.5 billion, according to people involved in the deal.
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Shares in Home Depot rose today on news that the sale of the companyâs wholesale supply unit, HD Supply, is still on track.
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Options traders have been scooping up   bullish calls in Home Depot Inc. HD.N hoping to profit from a   run-up in the shares of the retailer partly spurred by   speculation that hedge fund manager Edward Lampert would invest   in the company, option traders and analysts said.
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Home Depot Inc. (NYSE: HD) said it will begin selling big appliances -- such as dishwashers, washers, dryers, refrigerators -- online.
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- Home Depot Inc  said it completed the sale of its wholesale supply business, HD Supply, to buyout firms on the same terms announced earlier this week.
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Home Depot Inc. HD.N, looking to  expand its share of the home appliance market, on Tuesday said  it will begin selling refrigerators and other items online,  something its top two competitors have done for years.
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Home Depot Inc. , looking to expand its share of the home appliance market, said on Tuesday it will begin selling refrigerators, washers, dryers and other items online.
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You gotta hand it to Home Depot (NYSE: HD). Big as the company is, it doesn&#39;t waste time in reacting when it sees either an opportunity or a threat to its business.
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Home Depot Inc  agreed to cut the price in its supply division sale to private equity firms by $1.8 billion, sources said on Sunday, as the auction fell victim to the credit crunch and a housing market decline.
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Talks over restructuring a $10.3 billion deal to sell Home Depot's wholesale distribution business went down to the wire yesterday, the expected closing date for the agreement.
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Home improvement retailer Home Depot cut its 2007 earnings outlook on Tuesday, citing weakness in the U.S. housing market and said it was launching a tender offer for 250 million shares.