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Two Blokes 4 hours ago -
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Shares of GMS have surged 29% following billionaire Brad Jacobs' QXO proposal to acquire the building-products distributor for about $5 billion in cash. Jacobs, who aims to grow QXO into a $50 billion revenue company within ten years, warned he is ready to pursue a hostile takeover if GMS's board rejects the offer by June 24.
