GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN) that its ...

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

On Jan. 27, QXO filed its own SEC brief in which it provided an extensive timeline of negotiation attempts and updates with Beacon, along with its stance on actions Beacon’s board had taken, noting ...

“We launched our all-cas Building-products distributor QXO is taking its all-cash offer to acquire Beacon Roofing Supply directly to shareholders after being rebuffed on several occasion ...

GREENWICH, Conn. - QXO, Inc. (NYSE: QXO), a provider of technology solutions primarily for the manufacturing, distribution, and service sectors, with a market capitalization of $5.7 billion and a ...

Shares of Beacon Roofing Supply ($BECN) rose about 1.29% on Friday even as the company received a downgrade from analyst firm Stifel, following another rejection of a $11 billion buyout offer from ...

He got QXO by putting about a billion dollars into SilverSun Technologies back in 2023. That was a software company at the time. He renamed it, focused it on building products, and then from that ...

Through an analysis of Microsoft, we can infer the following trends: The stock's Price to Earnings ratio of 33.45 is lower than the industry average by 0.24x, suggesting potential value in the ...

Upon a comprehensive analysis of Microsoft, the following trends can be discerned: A Price to Earnings ratio of 33.11 significantly below the industry average by 0.24x suggests undervaluation.

“We believe that Beacon would be a strong fit for QXO and a key part of our plan to become a forward-looking leader in building products distribution.” The Beacon Board responded to the offer in a Jan ...