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FINWIRES

QXO and TopBuild Shareholders Approve Merger Transaction

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QXO (QXO) and TopBuild (BLD) shareholders approved all proposals required for QXO to complete its acquisition of TopBuild at special meetings on Monday, the companies said.

About 99% of the votes at QXO's special meeting approved the issuance of QXO shares to complete the transaction. About 78% of the votes at TopBuild's meeting favored the merger, representing nearly 65% of all outstanding shares, according to the statement.

The transaction is expected to close on or about Wednesday, subject to the satisfaction of customary closing conditions.

Price: $18.39, Change: $+0.61, Percent Change: +3.43%

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