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Beacon Roofing Supply Stock Rises
QXO goes public with $11 billion bid for Beacon Roofing, threatens proxy fight
QXO, a new player in building products distribution, on Wednesday made public its $11 billion offer to buy Beacon Roofing Supply and threatened a proxy fight after the roofing material supplier rebuffed its overtures.
Beacon Roofing Supply's Shares Hit All-Time High After Rejecting QXO's $11B Acquisition Offer
Shares of Beacon Roofing Supply surged to an all-time high after rejecting an acquisition offer from building-products distribution company QXO. The stock was trading 8.9% higher, at $118.53, on Wednesday afternoon,
Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to acquire the company. Shares of Beacon Roofing Supply rose 10% to $120 after QXO announced it had approached the company’s board with a proposal to acquire outstanding shares for $124.
Beacon Roofing rejects QXO's $11 billion takeover offer
Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products distribution industry, saying its proposal "significantly undervalues" the roofing material supplier.
Beacon Roofing jumps after QXO makes $124.25 a share takeover offer (update)
Adds Beacon response. Beacon Roofing (NASDAQ:BECN) soared 10% after QXO Inc. (QXO) offered to buy the building products distributor in a deal valued at about $11 billion. QXO is offering $124.25 a share for Beacon (NASDAQ:BECN),
23h
Beacon price target raised to $127 from $115 at Loop Capital
Loop Capital analyst Garik Shmois raised the firm’s price target on Beacon (BECN) to $127 from $115 and keeps a Buy rating on the shares. The ...
13d
on MSN
'Beacon of selflessness': ISIS victim Kayla Mueller honored at congressman's swearing-in 10 years after death
Arizona Republican Rep. Abraham Hamadeh was sworn into office Friday, honoring the memory of ISIS victim Kayla Mueller by ...
Community Impact Newspaper
2d
Project Beacon autism resource center coming to Oak Ridge North
The new facility will be located at 27316 Spectrum Way in Oak Ridge North and will provide a space for adults with autism to ...
23h
Beacon price target raised to $136 from $125 at BMO Capital
BMO Capital raised the firm’s price target on Beacon (BECN) to $136 from $125 and keeps an Outperform rating on the shares. The company ...
Herald Times Reporter (Manitowoc) on MSN
8d
Rawley Point Lighthouse has been a beacon on Lake Michigan for 130 years
The Rawley Point Lighthouse was staffed until 1979, when the station became fully automated. The rotating white beacon light, ...
ABC57
23h
Masking update for Beacon Health System hospitals
On Wednesday, Beacon Health System made an announcement regarding masking enforcement at five Beacon Health System Hospitals around the area.
Business Wire
4h
Nadia Partners Originates Beacon AI Centers to Advance AI Data Center Development in Alberta
Originated by Nadia Partners, Beacon AI Centers, a pioneering data center development company, today announced its emergence ...
1h
on MSN
Los Angeles Rams embrace their role as a beacon of light for their fire-ravaged home city
When disaster strikes and people are hurting, sports can seem so small and unimportant. In the grand scheme of things, a game ...
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