QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 ...

QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was ...

Calls on Beacon to Remove Shareholder-Unfriendly Poison PillGREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc.

QXO (QXO) announced that it has informed Beacon (BECN) that it will propose 10 independent director nominees at Beacon’s 2025 annual meeting of ...

Beacon (BECN) announced that its board of directors issued its formal recommendation to shareholders regarding the unsolicited tender offer ...

Building-products distributor QXO is seeking to fully replace Beacon Roofing Supply's board after the roofing-materials company repeatedly rebuffed its acquisition offers. QXO said Wednesday that it ...

QXO, Inc. (NYSE: QXO) announced today that it has obtained antitrust clearance in both the U.S. and Canada for its acquisition of Beacon Roofing Supply ...

Accordingly, the Board unanimously recommends that shareholders not tender into the Offer. “QXO has failed to improve its first and only proposal, which the Board determined significantly ...

QXO's tender offer of $124.25 per share represents a 37% premium over Beacon Roofing Supply's recent trading price, highlighting QXO's strong commitment to provide value to shareholders.

On January 27, 2025, QXO commenced a tender offer to purchase all outstanding shares of Beacon for $124.25 per share in cash, for an aggregate enterprise value of approximately $11 billion ...