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

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 ...

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

Beacon Roofing ( NASDAQ: BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. ( QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday.

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 ...

The company will retain its stock ticker, QXO. QXO expects to begin trading on the NYSE on January 17, 2025, when Chairman and Chief Executive Officer Brad Jacobs will ring the Opening Bell.

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 ...

Beacon Roofing Supply said on Thursday its board had recommended shareholders reject QXO's tender offer to acquire all outstanding shares of the company for $124.25 per share in cash. Shares of Beacon ...

Brad Jacobs' QXO is looking at its first big buy, and it has its eyes on roofing supply company, Beacon. The problem, or maybe the thorn here, Anthony, is that Beacon does not want to be Brad ...