TopBuild Announces $17 Billion Acquisition by QXO, Leading to 19% Stock Surge
TopBuild (BLD) stock surged over 19% following the announcement of its acquisition by QXO for approximately $17 billion. The deal values TopBuild at $505 per share, a 20% premium to its 60-day average price. The acquisition is expected to close in the third quarter of 2026 and is subject to shareholder approval.

Topics: Company Takeover Construction Industry Mergers and Acquisitions Stock Market