Home Depot (HD) CEO Downplays LBO Speculation - Paper
Nardelli told the paper, "somebody is probably running the number on us on any given day." He also said the media reports are, "an unfortunate distraction."
Recent reports from the New York Post suggested buyout firms Kohlberg Kravis Roberts and Texas Pacific Group have explored the possibility of a record $100 billion leveraged buyout of the home improvement giant.
Shares of Home Depot are 3.8% higher in mid-day action Friday.