Why Is Beacon Roofing Supply Stock Surging Today?

Beacon Roofing Supply, Inc. (NASDAQ:BECN) stock is trading higher on Monday. The company announced QXO, Inc. (NYSE:QXO) may potentially acquire it for $124.35 per share in cash or a total consideration of approximately $11 billion. QXO is conducting customary due diligence regarding Beaconβsβ¦
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