QXO Seeks to Replace Beacon Roofing Board

QXO Seeks to Replace Beacon Roofing Board After Bid Snubbed
QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was rejected.
QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting
QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director nominees at Beacon’s 2025 Annual Meeting of Shareholders to replace Beacon’s Board of Directors.
QXO proposes to replace full slate of Beacon Roofing directors after offer rejected
QXO Inc. (QXO) is proposing a slate of directors to replace Beacon Roofing Supply's (NASDAQ:BECN) entire board after its takeover offer was rejected. QXO informed Beacon that it will propose 10 independent director nominees at Beacon's (NASDAQ:BECN) annual meeting,
QXO secures antitrust clearance for Beacon acquisition
GREENWICH, Conn. - QXO, Inc. (NYSE: QXO) has received antitrust clearance from both the U.S. and Canada for its planned acquisition of Beacon Roofing Supply, Inc. (Nasdaq: NASDAQ:BECN), it was announced Monday.
QXO Receives Antitrust Clearance for Acquisition of Beacon Roofing Supply
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 Brad Jacobs,
Fintel on MSN7d
Stifel Downgrades Beacon Roofing Supply (BECN)
Fintel reports that on February 7, 2025, Stifel downgraded their outlook for Beacon Roofing Supply (NasdaqGS:BECN) from Buy ...
MarketWatch1mon
Beacon Roofing Supply Rejects QXO's $11B Acquisition Offer -- 2nd Update
Beacon Roofing Supply rejected an unsolicited takeover offer from QXO. The roofing materials distributor Wednesday said its board, which unanimously rejected the proposal, determined the ...
Bloomberg L.P.8d
Beacon Roofing Urges Shareholders to Reject Hostile QXO Bid
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.
Hosted on MSN29d
Beacon Roofing Supply stock retains Hold rating as QXO confirms takeover offer
O n Thursday, Truist Securities maintained a Hold rating and a $95.00 price target on Beacon Roofing Supply (NASDAQ:BECN) stock, despite a significant acquisition offer from QXO. According to ...
ETF Daily News7d
Beacon Roofing Supply (NASDAQ:BECN) Coverage Initiated at StockNews.com
Shares of NASDAQ:BECN opened at $119.70 on Wednesday. Beacon Roofing Supply has a twelve month low of $77.54 and a twelve month high of $121.42. The company has a current ratio of 1.91, a quick ...
Yahoo Finance7d
Beacon Roofing Supply, Inc. (BECN)
Investors need to pay close attention to Beacon Roofing Supply (BECN) stock based on the movements in the options market lately. Shares of Beacon were up about 1.8% in morning trade. "QXO has ...