Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...

QXO Inc. is seeking to raise $2 billion in a share sale, as the building products distributor led by billionaire Brad Jacobs pursues a takeover.

Billionaire Brad Jacobs QXO Inc. has made a $5 billion all-cash offer to acquire GMS Inc. (NYSE:GMS), signaling it may pursue ...

QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.

Building a Giant Amid Market Headwinds Brad Jacobs is a business alchemist, transforming modest ventures into industry giants ...

Brad Jacobs' QXO has launched a $5 billion acquisition bid for GMS, threatening a hostile takeover if the proposal is rejected. This move follows a successful $11 billion deal for Beacon Roofing ...

OTTAWA — Team Reid Carruthers has pulled out of the Home Hardware Pre-Trials in October and has been replaced by Team Jayden ...

Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...

Jacobs The offer comes as QXO is proposing to buy Tucker, Ga.-based GMS for $95.20 per share in cash, according to a statement June 18. GMS confirmed it received the unsolicited proposal from QXO ...

GXO Logistics (NYSE: GXO) shareholders have had to be patient in the years since the company was spun off from XPO in 2021.

Patrick Kelleher will start as the Greenwich -headquartered company’s new chief executive on Aug. 19. Kelleher, 56, has ...