The Home Depot Announces Expiration of Hart-Scott-Rodino Act Waiting Period
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The Home Depot® announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”), in connection with its pending acquisition of SRS Distribution Inc. (“SRS”). The expiration of the waiting period occurred at 11:59 p.m. on June 13, 2024.
The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction.
The transaction is expected to close on or about June 18, 2024, subject to the satisfaction or waiver of customary closing conditions.
About The Home Depot
The Home Depot is the world’s largest home improvement specialty retailer. At the end of the first quarter of fiscal year 2024, the company operated a total of 2,337 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs approximately 465,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.
Source: The Home Depot, Inc.