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

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

QXO, Inc. (NYSE: QXO) (the "Company" or "QXO") today announced the pricing of its previously announced public offering of ...

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 ...

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.

Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about ...

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 ...

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.

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 ...