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 ...

Following its review, the Board unanimously rejected the proposal and determined that it significantly undervalues the ...

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

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

Hindenburg Research founder Nate Anderson, a foe of Carl Icahn and the Adani family, cites the stress of his job as he shuts down the firm.

The SP 500 surged on Wednesday as easing inflation and robust quarterly results from major banks lifted market sentiment. The ...

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 ...

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

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

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

QXO Inc. has made an all-cash offer to acquire Beacon Roofing Supply Inc. for approximately $11 billion, accusing Beacon's ...