As of September 30, 2016, Home Depot announced that they had completed their purchase of Lowes. The combined company is now the second largest home improvement retailer in the United States.
The merger was completed for $13.3 billion. .
While the merger has created a larger retailer, it is still difficult to determine which company is actually the owner of Lowes. The two companies maintain different websites, have different financial statements, and have different leadership teams.
In addition, the two companies have different stores in different parts of the United States.
Ultimately, it is difficult to determine who is actually the owner of Lowes. However, the merger has created a larger retailer that is likely to continue to grow in the coming years.
