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Slide #2. Lowe's Companies, Inc. — Orchard Supply Hardware
Lowe's Companies, Inc. (NYSE:LOW)
Orchard Supply Hardware (OSHWQ)
Orchard Supply Hardware Stores (OTCPINK:OSHWQ and OTCPINK:OSHQE), a neighborhood hardware and garden store focused on paint, repair and the backyard, today announced that, after completing a Court-approved marketing process, it intends to proceed toward completing the previously announced acquisition agreement with Lowe's Companies, Inc., pending approval by the United States Bankruptcy Court for the District of Delaware.
Lowe's Companies is a home improvement retailer. Co. provides a line of products for construction, maintenance, repair, remodeling, and decorating. Co. provides home improvement products in the following categories: appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. Co. provides extended protection plans for various products within the appliances, kitchens and bath, decor, millwork, rough plumbing and electrical, seasonal and outdoor living, tools, and hardware categories.
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Strong Buy (3.52 out of 4)