Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire ...

He wants to turn QXO into "a forward-looking leader in building products distribution," a $800 billion industry. And promised to deliver tens of billions of dollars of annual revenue in the next ...

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Building-products distributor QXO QXO-0.97%decrease; red down pointing triangle is taking its all-cash offer to acquire Beacon Roofing Supply BECN-0.67%decrease; red down pointing triangle ...

QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade ...

QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade ...

(Bloomberg) -- QXO Inc. has launched a hostile takeover bid ... when it plans to provide long-term financial targets and map out the next chapter of its growth. Beacon provides commercial and ...

QXO (NYSE:QXO) has commenced an $11B all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply (NASDAQ:BECN) for $124.25 a share. This price implies a 37% premium above ...

which it said is part of its plan to become a "tech-forward leader in the $800 billion building products distribution industry" with $50 billion in revenue in the next 10 years. "QXO's combination ...

QXO offers $124.25 per Beacon share, a 37% premium. Financing for the $11 billion acquisition secured through major banks. The deal’s total value is estimated at around $11 billion, as per the ...

Beacon urged its shareholders to not act and said its board would make a recommendation regarding the offer in the next ten business days. It said the board would evaluate QXO's offer and would ...

QXO may then extend the tender offer ... Data from Beacon's annual earnings to be released next month and its investor day on March 13 should help shareholders make a more informed decision ...