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 ...

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 ...

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Beacon Roofing Supply BECN shares ended the last trading session 7.7% higher at $117.18. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the ...

Jan 15 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab on Wednesday rejected a $11 billion takeover offer from QXO (QXO.O), opens new tab, a new player in the building products ...

(Bloomberg) -- Beacon Roofing Supply Inc. has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the ...

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 ...