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 statement on ...
Beacon Roofing (NASDAQ:BECN) adopted a poison pill after QXO Inc. on Monday announced an $11 billion hostile bid for the building products company. The poison pill kicks in when a person or group ...
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 ...
Truist Financial analyst Keith Hughes maintained a Hold rating on Beacon Roofing Supply (BECN – Research Report) today. The company’s shares closed yesterday at $119.55. Hughes covers the ...
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QXO (QXO) is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply (BECN) or $124.25 per share. This price implies a 37% premium above Beacon’s 90-day ...
In a Monday interview with CNBC's Jim Cramer, Beacon Roofing CEO Julian Francis described the company's communications with QXO, a building products distributor looking to acquire his company.