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0 -2.04081632652876E-05 -0.00348979591836731 -0.00414285714285709 -0.00612244897959184 -0.00667346938775506 -0.0125510204081632 -0.0213163265306122
Stock impact report

Greenwich-based building-products distributor QXO to acquire Florida firm for $17 billion [Yahoo! Finance]

TopBuild Corp. (BLD) 
NASDAQ:AMEX Investor Relations: topbuild.com/investors/overview/default.aspx
Company Research Source: Yahoo! Finance
QXO announced an agreement to acquire Daytona Beach, Florida-based TopBuild for about $17 billion, on April 19, 2026. (Tyler Sizemore/Hearst Connecticut Media) QXO, a building-products distributor founded by serial entrepreneur Brad Jacobs , announced Sunday an agreement to acquire for approximately $17 billion a leading distributor and installer of insulation and related building products. The purchase of Daytona Beach, Florida-based TopBuild will be Greenwich -based QXO's largest acquisition. QXO officials said that the deal, which is expected to be completed in the third quarter of this year, would make the company the second-largest publicly traded building-products distributor in North America, based on annual revenues. Acquiring TopBuild solidifies QXO's reputation as a major deal-maker. Its other transactions include the completion earlier this month of the $2.25 billion acquisition of Englewood, Colorado-based Kodiak Building Partners and last year's approximately $11 bi Show less Read more
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