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QXO Completes Acquisition of Beacon Roofing Supply

1. QXO completes acquisition of Beacon Roofing for $11 billion, increasing market leadership. 2. The deal positions QXO as the largest U.S. roofing distributor.

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FAQ

Why Very Bullish?

The acquisition strengthens QXO's competitive position and market share significantly, akin to similar successful market expansions in the past.

How important is it?

The acquisition significantly enhances QXO's market position, impacting investor confidence and future earnings.

Why Long Term?

Strategic acquisitions typically have lasting positive effects on company growth and profitability.

Related Companies

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced it has completed its previously disclosed acquisition of Beacon Roofing Supply, Inc., for $124.35 per share, valuing the transaction at approximately $11 billion. The transaction makes QXO the largest publicly traded distributor of roofing, waterproofing, and complementary building products in the United States. To mark the milestone, QXO will ring the Opening Bell at the New York Stock Exchange tomorrow. “Acquiring Beacon.

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