Beacon Roofing Supply and QXO have agreed to an $11 billion buyout, sending shares of both companies higher. QXO announced the merger on Thursday morning.

"QXO has proposed to acquire Beacon for $124.25 in cash per share, a compelling price for your shareholders that delivers a significant, immediate premium," QXO CEO Brad Jacobs wrote in a letter ...

QXO is engaging in customary due diligence regarding Beacon’s business, and QXO and Beacon are negotiating a definitive agreement. Beacon is postponing its Investor Day, which had been scheduled ...

QXO and Beacon do not undertake any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law.

QXO responds to Beacon Roofing's rejection of its $11 billion acquisition offer, emphasizing shareholder interests and transaction certainty.

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.

Beacon Roofing Supply is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO , in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to ...

Beacon Roofing Supply, a Herndon Fortune 500 roofing material and building supplies company, is now a subsidiary of Connecticut software and tech business QXO after the closing of its $11 billion ...

The boss of QXO knows how to make a few billion dollars, and aims to repeat the trick. Investors would be wise to back him, ...

QXO appointed a new Chief Information Officer, effective July 14, bringing a decade of senior technology leadership from ...

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