(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 ...

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 ...

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.

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, ...

QXO's Brad Jacobs is working to clinch an $8-billion deal for Beacon Roofing Supply. (Jeenah Moon/Bloomberg News) QXO, the building-products distribution company led by billionaire Brad Jacobs ...

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 ...

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 ...

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.

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 ...

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 ...

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 ...