The stock performance of Beacon Roofing Supply and QXO's offer have attracted notice as QXO aims to penetrate the $800 ...
Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above Beacon’s Unaffected 90-Day Share ...
QXO, a new player in building products distribution, on Wednesday made public its $11 billion offer to buy Beacon Roofing ...
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to ...
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% ...
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 ...
The scene is set for a skirmish between thirsty tycoons and wary investors in would-be targets. Jacobs’ bidding vehicle, QXO, is an artefact of financial engineering. He bought a tiny, listed ...
Beacon (BECN) confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO (QXO) to acquire all ...
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 ...
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Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it ...