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Lowe’s signs definitive agreement to acquire ADG for $1.32bn

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Summary
Nutrition label

83% Informative

Lowe's Companies has signed a definitive agreement to acquire Artisan Design Group for $ 1.32bn .

ADG , a US -based provider of interior design, distribution, and installation services, will enhance Lowe 's Pro division.

Lowe 's chair, president, and CEO Marvin R Ellison said: "With more than 18 million homes needed in the US by 2033 , we expect new-home construction will be a major driver of Pro planned spend".

VR Score

83

Informative language

82

Neutral language

88

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links