Home Depot To Buy Interline To Target Maintenance

Home Depot (HD) said Wednesday it will buy Interline Brands for $1.625 billion in cash, as the home improvement retailer looks to expand into other areas of growth amid slowing store openings. The deal with Interline Brands, a national distributor and direct marketer of maintenance, repair and operations products, is expected to close in the third quarter and be accretive to 2015 earnings. "Interline is a well-run company that has achieved

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