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BLD News4 articles
QXO Shares Slide as TopBuild Cash Election Floods Market with 313M New Shares
QXO shares dropped 3.5% after TopBuild holders overwhelmingly chose cash, but proration leaves them with QXO stock, creating a 313 million-share supply test.
QXO Shares Slip After TopBuild Deal, 312.5 Million New Shares Enter Market
QXO stock dropped 7.5% after its TopBuild deal, as 312.5 million new shares hit the market. The company faces integration challenges and debt paydown pressure.
QXO Shares Slip After $17B TopBuild Acquisition as Market Awaits Integration
QXO shares dropped 5.5% to $14.42 after closing its $17B TopBuild acquisition, with S&P cutting TopBuild's rating and investors weighing integration challenges.
QXO Strikes $17B Deal for TopBuild, Cementing Building-Products Ambitions
QXO announced a definitive agreement to acquire insulation specialist TopBuild for approximately $17 billion in cash and stock. The transaction, offering a 23% premium, aims to create the second-largest publicly traded building-products distributor in North America.