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BECN — Beacon Roofing Supply News Story

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Beacon Roofing agrees to $11 billion QXO buyout, ending takeover battle

March 20 (Reuters) - Beacon Roofing Supply BECN.O said on Thursday it has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO QXO.N, weeks after it had rejected an earlier proposal and strived to avoid a hostile takeover attempt.

 (Reporting by Shivansh Tiwary in Bengaluru; Editing by Shinjini Ganguli)

 ((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192; X: @Shivansh_19_;))

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