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QXO Acquires Kodiak Building Partners for $2.25 Billion

QXO acquires Kodiak Building Partners

QXO announced it has acquired Kodiak Building Partners, the consolidator of lumberyards and specialty distributors, for $2.25 billion. The purchase price comprises $2.0 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase shares at $40 per …

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