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November 10, 2005
Home Depot & Hughes Supply?
Rumors are rampant on possible acquisition talks
By Lindsay Young
The rumor mill is churning over whether The Home Depot is looking to buy diversified distributor Hughes Supply. Hughes’ recent strong financials paired with increased global competition and consolidation have caused the company to examine ways to continue growing. Two analysts give their take on the speculation, and we offer a little background on why Hughes may be an attractive target.
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