(Reuters) -Building-products distributor QXO signed a deal for Beacon Roofing Supply, valuing Beacon at roughly $7.7 billion, or $11 billion including debt, the Wall Street Journal reported on Wednesday,

The agreement between QXO and Hernon, Virginia-based Beacon Roofing Supply, which describes itself as the “largest publicly traded distributor of roofing materials and complementary building products” in the U.S. and Canada, culminates QXO’s months-long pursuit.

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