Beacon Roofing Supply (BECN) has entered into a definitive merger agreement to be acquired by QXO in an $11 billion all-cash transaction. The deal, approved unanimously by both boards, is set at $124.35 per share and is expected to close by the end of April. This acquisition comes after Beacon's strategic review and aligns with their Ambition 2025 plan, which has already seen significant progress including digital sales growth and branch performance improvements.