QXO Inc. proposed to acquire interior-construction-products distributor GMS Inc. for $95.20 a share. Roofing-products distributor QXO said Wednesday the proposal implies a total value of $5 billion ...

Since November 2022, the S&P 500 stands at approximately 6,205, reflecting a robust 55% gain, driven by strong performances ...

The Home Depot offer trumps the rival bid for GMS by QXO, a construction-supplies company run by Brad Jacobs that recently ...

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, Inc. (NYSE: QXO) (the "Company" or "QXO") today announced it intends to make an offering of $2 billion of shares of its ...

QXO, Inc. (NYSE:QXO) is one of the 11 stocks that Jim Cramer recently commented on. A caller asked if it was a good time to ...

(Reuters) -Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion in cash and said it will proceed with a hostile takeover if the ...

A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...

Shares of QXO gained Thursday as Baird initiated coverage of the roofing, waterproofing, and building products distributor with an "Outperform" rating and a rosy price target.

QXO was formed last year by serial entrepreneur Brad Jacobs with a goal of consolidating the building products distribution business. In April, the company closed an $11 billion acquisition of Beacon ...

Home Depot had been rumored to be sniffing around GMS once QXO's offer was made public, so GMS stock didn't experience that dramatic a pop -- its near-13% rise this week was basically the upside after ...

In April QXO completed its approximately $11 billion acquisition of Beacon Roofing Supply. The GMS transaction with Home Depot is expected to close by the end of fiscal 2025.