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Home Improvement Stores M&A image Home Improvement Stores M&A » By The Online Investor Staff, updated Thu., Mar. 28, 10:06 AM Recent mergers and acquisitions in the Home Improvement Stores M&A category.

Slide #2. Lowe's Companies, Inc. Orchard Supply Hardware

Acquirer: Lowe's Companies, Inc. (NYSE:LOW)
Acquiree: Orchard Supply Hardware (OSHWQ)
Details: Orchard Supply Hardware Stores (OTCPINK:OSHWQ and OTCPINK:OSHQE), a neighborhood hardware and garden store focused on paint, repair and the backyard, today announced that, after completing a Court-approved marketing process, it intends to proceed toward completing the previously announced acquisition agreement with Lowe's Companies, Inc., pending approval by the United States Bankruptcy Court for the District of Delaware.

Lowe's is a home improvement retailer. Co. provides home improvement products in the following categories: appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. Co. provides installation services in various of its product categories, with flooring, kitchens and bath, millwork, appliances, and lumber. Co. also provides extended protection plans for various products within the appliances, kitchens and bath, decor, millwork, rough plumbing and electrical, seasonal and outdoor living, tools, and hardware categories.

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Company Name:  Lowe's Companies Inc
Stock buyback:  LOW buyback
Website:  www.lowes.com
Sector:  Home Improvement Stores
Number of ETFs Holding LOW:  121
Total Market Value Held by ETFs:  $17.86B
Total Market Capitalization:  $146.08B
% of Market Cap. Held by ETFs:  12.23%
 

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March 28, 2024    10:06 AM Eastern
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Buy (3.16 out of 4)
37th percentile
(ranked lower than approx. 63% of all stocks covered)

Analysts' Target Price:
LOW Stock Forecast

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