Beacon, QXO

QXO Commences $11B Takeover Bid for Beacon
Meanwhile, QXO maintains that its offer of $124.25 per share is 17% higher than the Beacon stock has ever traded; represents a 37% premium over the 90-day unaffected stock price; and represents a 26% premium to the stock the day before the Wall Street Journal’s Nov. 18 report that QXO was pursuing a deal.
Beacon Roofing CEO describes dealings with QXO as takeover bid heats up
Beacon Roofing CEO Julian Francis described communications with a building products distributor looking to acquire his company.
QXO Confirms Tender Offer to Take Over Beacon Roofing Supply
QXO launched an attempt to acquire Beacon Roofing Supply directly from its shareholders with a tender offer of $124.25 a share.
Beacon Roofing cut to hold as rival bids to QXO appear unlikely - analyst
Beacon Roofing (NASDAQ:BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. (QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday. "Though the rejection of QXO’s offer was fully expected,
Beacon Roofing Stock In Focus After Analyst Downgrade Following Rejection Of QXO Buyout Offer: Retail’s Divided
Shares of Beacon Roofing Supply ($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 technology solutions company QXO Inc.
QXO's takeover bid for Beacon Roofing faces rejection
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 strong financial health rating according to InvestingPro,
Building-Products Distributor QXO Launching Hostile Bid for Beacon
Building-products distributor QXO is preparing to take its all-cash offer to acquire Beacon Roofing Supply directly to ...
Hartford Business2d
CT company doubles down on hostile takeover of Beacon Roofing Supply
Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...
Bloomberg L.P.12d
QXO Launches Hostile Takeover Bid for Beacon Roofing Supply
QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products ...
Beacon Roofing Supply (NASDAQ:BECN) Coverage Initiated at StockNews.com
StockNews.com began coverage on shares of Beacon Roofing Supply (NASDAQ:BECN – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the stock. A number of other ...
Beacon Board of Directors Unanimously Rejects QXO’s Unsolicited Tender Offer
Beacon (Nasdaq: BECN) (the "Company"), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors ...
Seeking Alpha10d
BECN Beacon Roofing Supply, Inc.
Beacon Roofing Supply, Inc., together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors ...
Wall Street Journal13d
Building-Products Distributor QXO Launches Hostile Bid for Beacon
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 ...