Beacon Agrees to QXO’s $11 Billion Buyout. Both Stocks Are Up.
In This Article:
Beacon Roofing Supply and QXO have agreed to an $11 billion buyout, sending shares of both companies higher. Shares of QXO added 2.9%, closing at $13.43. Thursday’s closing price was 52 cents, or 0.4%, below the offer price.
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