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JFB Construction, XTEND Announce $1.5 Billion Merger
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JFB Construction, XTEND Announce $1.5 Billion Merger
Mar 11, 2026 4:26 AM

09:15 AM EST, 02/17/2026 (MT Newswires) -- JFB Construction Holdings ( JFB ) said Tuesday it has entered into a definitive agreement to combine with XTEND in an all-stock deal valued at $1.5 billion, based on the price paid per share in a concurrent private placement.

The deal is expected to close during the middle of the year, JFB said.

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