Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above Beacon’s Unaffected 90-Day Share ...

The stock performance of Beacon Roofing Supply and QXO's offer have attracted notice as QXO aims to penetrate the $800 ...

Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to ...

Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products ...

The takeover approach comes after the WSJ reported in November that QXO was bidding for Beacon ( NASDAQ: BECN ). Beacon shares jumped 10% on Nov. 18 after the report. QXO's offer represents a 26% ...

Beacon (BECN) confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO (QXO) to acquire all ...

Stifel analyst W. Andrew Carter raised the firm’s price target on Beacon (BECN) to $131 from $115 and keeps a Buy rating on the shares. The ...

QXO, a new player in building-products distribution led by Brad Jacobs, publicly detailed its offer to acquire all outstanding shares of Beacon for $124.25 a share. The deal is valued around $11 ...

Beacon's statement came after the Brad Jacobs-led QXO earlier in the day publicly detailed its offer to acquire all outstanding shares of Beacon for $124.25 a share, valuing the company around $11 ...

Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it ...

The proposal implies a total transaction value of approximately $11 billion and a 37% premium above Beacon’s 90-day ...

The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." ...