GREENWICH, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply ...

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 ...

(Bloomberg) -- QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company rejected its offer as too low. US-based QXO said in a ...

Update 1pm: Adds Beacon response. "QXO has proposed to acquire Beacon for $124.25 in cash per share, a compelling price for your shareholders that delivers a significant, immediate premium," QXO ...

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 ...

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 ...

QXO Inc. on Monday changed tactics in its $11 billion effort to buy Beacon Roofing Supply Inc. by appealing directly to shareholders regarding its ability to use artificial intelligence in the low ...

Beacon Roofing Supply (BECN) trades relatively flat today after QXO (QXO) confirmed its $11 bln tender offer to acquire the building products distributor. QXO provides consulting and professional ...

In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024. Tsai Capital highlighted stocks like QXO, Inc. (NYSE:QXO) in the fourth quarter 2024 investor letter. QXO, ...

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc. Herndon, Virginia-based Beacon said in a ...