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flag QXO offers $124.25 per share in cash to acquire Beacon Roofing Supply for about $11 billion.

flag QXO, a tech services provider, has launched an all-cash tender offer to acquire Beacon Roofing Supply for $124.25 per share, valued at about $11 billion. flag This offer represents a 37% premium over Beacon's recent stock price. flag The deal is not contingent on financing or due diligence and aims to finalize within 20 business days. flag QXO plans to integrate Beacon to enhance its presence in the building products market. flag The offer comes after Beacon's board previously rejected a similar proposal, considering it undervalued the company.

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