The also company called on Beacon to remove its “poison pill” aimed to hold off QXO’s takeover bid from going to a ...

With committed financing in place and these necessary regulatory approvals secured, QXO is prepared to complete this acquisition and deliver immediate, compelling value to Beacon shareholders,” said ...

Sold Shares Well Below Offer Price, Undermining Beacon’s Case Against QXOQXO Calls on Beacon Roofing to Let Shareholders ...

StockNews.com began coverage on shares of Beacon Roofing Supply (NASDAQ:BECN – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the stock. A number of other ...

On Jan. 15, QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — confirmed its November offer to buy Beacon Roofing Supply. Beacon verified, later that day, that ...

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially ...

HERNDON, Va. - Beacon (NASDAQ:BECN), a leading distributor of roofing and exterior building materials with a market capitalization of $7.36 billion, has formally advised its shareholders not to accept ...

Beacon Roofing (NASDAQ:BECN) adopted a poison pill after QXO Inc. on Monday announced an $11 billion hostile bid for the building products company. The poison pill kicks in when a person or group ...

QXO is now setting its sights on consolidating the building-products ... or replacement. Beacon Roofing Supply traces its roots to 1928 as a distributor of roofing materials, siding and ...

Investing.com - US stock futures were trading in negative territory during Sunday's evening deals, following a mixed week for benchmark averages amid mixed inflation data and major financial ...