Unformatted text preview: no specific timeline for doing so. The company's shares fell $1.95, or 5.1%, to $36.36 as of 4 p.m. in New York Stock Exchange composite trading yesterday. Home Depot said last month that it had sold HD Supply -- its wholesale distribution business -- for $8.5 billion sale to a group of private-equity firms. The sale price was reduced from the $10.3 billion the buyers initially agreed to pay in June. The completed agreement calls for Home Depot to retain a 12.5% stake in HD Supply and to guarantee $1 billion of debt the buyers took on to complete the transaction. Copyright © 2007 Associated Press...
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This note was uploaded on 08/08/2011 for the course BUS 104 taught by Professor Johnson during the Spring '11 term at FIU.
- Spring '11