Home Depot to Explore Options, Including Possible Sale, for HD Supply

The Home Depot, Atlanta, has hired a financial advisor to explore strategic alternatives, including a possible sale, of its wholesale distribution business, HD Supply.

The company has retained Lehman Brothers as its financial advisor to assist in this process. Other alternatives include a spinoff or initial public offering of the business.

Frank Blake, the new chairman and CEO of The Home Depot, said the company wants to increase its focus on its retail business. “We are under

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