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Home Depot Target U.S. Home Systems Says Go-Shop Period Ended

September 11, 2012

U.S. Home Systems Inc. (USHS) said its go-shop period has ended, paving the way for Home Depot Inc. (HD) to move forward with its planned acquisition of the supplier of kitchen, bath and storage products.

Home Depot, the largest home-improvement retailer by sales, said last month it had agreed to acquire U.S. Home Systems for about $93 million.

U.S. Home Systems said Thursday it expects the deal to close in the fourth quarter of the calendar year, subject to closing conditions, including the approval of its shareholders.

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