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 ...

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Reuters. FILE PHOTO: Brad Jacobs, Chairman and CEO of QXO speaks about Beacon Roofing Supply during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., March ...

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Alberta-Jacobs lead Ben Hebert, from left to right, skip Brad Jacobs, third Marc Kennedy and second Brett Gallant bump fists between ends while playing Saskatchewan-Kleiter during the Brier, in ...

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 ...