In an interview last week with MDM, HD Supply CEO Joe DeAngelo spoke on his vision for HD Supply, post-Home Depot.
Speaking with DeAngelo, I came away with the feeling that HD Supply was back (if it was ever really gone) and ready to move forward as a more focused organization after the turmoil of last year: We woke up in the first part of ’07 and found out we’re for sale mid-February, and so we go with the flow with that and then find out when we’re just about sold that there is a liquidity crisis, and the deal is going back and forth. And then on top of that is a major residential downturn to contend with,” DeAngelo said.
Moving forward, DeAngelo told MDM that the company is finished selling off pieces of the business -“I’ll be very clear: We have no plans …
HD Supply CEO: No More Divestments
In an interview last week with MDM, HD Supply CEO Joe DeAngelo spoke on his vision for HD Supply, post-Home Depot.
Speaking with DeAngelo, I came away with the feeling that HD Supply was back (if it was ever really gone) and ready to move forward as a more focused organization after the turmoil of last year: We woke up in the first part of ’07 and found out we’re for sale mid-February, and so we go with the flow with that and then find out when we’re just about sold that there is a liquidity crisis, and the deal is going back and forth. And then on top of that is a major residential downturn to contend with,” DeAngelo said.
Moving forward, DeAngelo told MDM that the company is finished selling off pieces of the business -“I’ll be very clear: We have no plans …
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- Filed In: Companies, Finance, Free, Mergers & Acquisitions, Subscriber Only
Lindsay Young
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