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Beacon Roofing Supply, QXO
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above Beacon’s Unaffected 90-Day Share PriceGREENWICH, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply,
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 climbed 9.2% to $118.
Beacon Roofing Supply Receives Buy Rating Amid QXO Acquisition Bid
Beacon Roofing Supply (BECN) has received a new Buy rating, initiated by Stifel Nicolaus analyst, W. Andrew Carter.Stay Ahead of the
MDM
1d
QXO Readies Proxy Fight for Beacon, Issues Open Letter to Chairman
The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." ...
2d
Beacon confirms receipt, reiterates rejection of unsolicited QXO proposal
Beacon (BECN) confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO (QXO) to acquire all ...
Zacks.com on MSN
1d
Beacon Roofing (BECN) Moves 7.7% Higher: Will This Strength Last?
Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest ...
2d
on MSN
Building-Products Distributor QXO Prepares to Nominate Directors Over Beacon Deal
QXO, a new player in building-products distribution, is turning up the heat in its efforts to acquire Beacon Roofing Supply.
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