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flag QXO, Inc. is negotiating to buy Beacon Roofing Supply for about $11 billion, a deal still in talks.

flag QXO, Inc. is in talks to acquire Beacon Roofing Supply, Inc. for $124.35 per share, totaling around $11 billion. flag Beacon, founded in 1928, distributes roofing materials and operates over 580 branches across the U.S. and Canada. flag QXO is currently conducting due diligence, and both companies are negotiating a definitive agreement, though no deal is assured. flag Beacon's shares rose 8.9% before market open on Nasdaq.

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