Home Depot Inc., Atlanta, has agreed to sell its distribution business, HD Supply, for $8.5 billion, nearly $2 billion less than it originally agreed on, to a group of private-equity firms.
Home Depot said earlier this month that it was in talks to renegotiate the terms of the June agreement with Bain Capital LLC, Carlyle Group and Clayton, Dubilier & Rice Inc., and that the sale price could be reduced.
As part of the amended purchase and sale agreement, Home Depot will pu
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