# QXO Inc. will pay $505 per share for TopBuild, representing a 23.1% premium to Friday's closing price of $410.31.

*business · news · 2026-04-20 · International Business Times*

## Key points

- QXO Inc. is acquiring TopBuild for $17 billion in a cash-and-stock deal at a 23.1% premium.
- TopBuild shareholders can choose $505 cash or 20.2 QXO shares per TopBuild share, subject to mix proration.
- The merged entity will exceed $18 billion annual revenue and expects $300 million in synergies by 2030.
- A $600 million termination fee applies if TopBuild accepts a superior offer, with matching rights for QXO.
- QXO will add a TopBuild nominee to its board and expects to close the deal by Q3 2026.

**Companies:** TopBuild Corp., QX0 Inc.
**Countries:** United States, Canada

[Read the full story on International Business Times](https://www.ibtimes.com/topbuild-stock-soars-16-17-billion-takeover-deal-qxo-building-products-mega-merger-3801481)

---

Canonical: https://newsio.io/n/8c51c9af-10d8-404a-8d8d-8ad051d2c072/qxo-inc-will-pay-505-per-share-for-topbuild-representing-a-23-1-premium-to-frida
Summarized by Newsio from International Business Times. https://newsio.io/how-it-works
