Even as new housing construction stalls, QXO announced plans to acquire Beacon Roofing Supply in a reverse triangular merger valued at $11 billion. QXO provides technology to manufacturing, ...

Building-products distributor QXO QXO11.34%increase; green up pointing triangle has signed a deal for Beacon Roofing Supply BECN 1.15%increase; green up pointing triangle after months of trying to ...

The deal caps a months-long takeover saga and gives QXO, a new entrant in the building products distribution industry, a solid advantage with Beacon's expansive network of branches across the U.S ...

Brad Jacobs’ QXO Inc (NYSE:QXO) landed its first big fish on Thursday. After several months of back-and-forth, the shell-like QXO announced a definitive agreement to acquire Beacon Roofing Supply ...

Just before QXO announced its desire to acquire Beacon, the stock price of the building products supplier was trading near $102. Beacon reported net sales of $9.8 billion for calendar year 2024.

Beacon Roofing Supply ... outperforming the Zacks Building Products - Retail industry’s 5.7% decline. The early advancement in achieving Ambition 2025 targets and maintaining shareholder ...

QXO disclosed an offering for $500 million of shares of its common stock. The building-products distributor said it intends to use proceeds from the sale to finance a portion of its pending ...

QXO (NYSE:QXO) +12.2% and Beacon Roofing Supply (NASDAQ:BECN) +2% pre-market Thursday after the roofing and building products distributors announced a merger agreement in which QXO will acquire ...

Learn more about whether Beacon Roofing Supply, Inc. or QXO, Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

Building-products distributor QXO has signed a deal for Beacon Roofing Supply after months of trying to clinch an agreement, executives told The Wall Street Journal. QXO has agreed to pay $124.35 ...

(Reuters) -Building-products distributor QXO signed a deal for Beacon Roofing Supply, valuing Beacon at roughly $7.7 billion, or $11 billion including debt, the Wall Street Journal reported on ...