QXO, Beacon Roofing Supply

QXO commences $11B tender offer to buy Beacon Roofing Supply
QXO (NYSE:QXO) has commenced an $11B all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply (NASDAQ:BECN) for $124.25 a share. This price implies a 37% premium above Beacon’s 90-day unaffected volume-weighted average price of $91.
QXO touts AI advantage in bid to win over Beacon Roofing shareholders
QXO’s $11 billion pitch to buy Beacon Roofing touts the company’s AI experience as well as the overall housing shortage in the United States.
QXO comments on Beacon’s adoption of shareholder rights plan
QXO (QXO) commented on Beacon Roofing Supply (BECN) adoption of a shareholder rights plan, which takes immediate effect and is aimed at
Beacon Roofing adopts poison pill after QXO hostile $11B bid
Beacon Roofing (NASDAQ:BECN) adopted a poison pill after QXO Inc. on Monday announced an $11 billion hostile bid  for the building products company. The poison pill kicks in when a person or group acquires a 15% interest in Beacon (NASDAQ:BECN),
QXO Comments on Beacon Roofing Supply’s Adoption of Shareholder-Unfriendly Poison Pill
Reaffirms Commitment to Acquiring Beacon for $124.25 per Share in Cash All-Cash Offer Provides Significant and Immediate Value to Beacon Shareholders GREENWICH, Conn., Jan. 28, 2025 (GLOBE NEWSWIRE) -- (NYSE: QXO) today commented on Beacon Roofing Supply,
QXO planning to launch hostile bid for Beacon Roofing- WSJ
Investing.com-- Building products distributor QXO Inc (NYSE: QXO) is planning to launch a hostile bid for Beacon Roofing Supply Inc (NASDAQ: BECN) by approaching shareholders directly, the Wall Street Journal reported on Sunday.
Beacon Roofing gains on report it's seeking rival offers to QXO bid
Beacon Roofing Supply (BECN) rose 1.7% as it seeks interest from buyers to fend off an $11 billion offer from QXO Inc (QXO).
Beacon Comments on QXO’s Unsolicited Tender Offer
Beacon (Nasdaq: BECN) (the "Company") today confirmed that QXO, Inc. (NYSE: QXO) has commenced an unsolicited tender offer to acquire all outstanding shares of Beacon common stock for $124.25 per share in cash.
Beacon seeks to fend off QXO's hostile takeover with poison pill
Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO. The defense strategy creates a roadblock for Jacobs' attempt to become a big player in building products distribution through QXO,
Beacon Implements Stockholder Rights Plan Following QXO's Takeover Offer
Tuesday announced the adoption of a limited duration stockholder rights agreement following QXO, Inc.'s (QXO) tender offer to acquire the company for $124.25 per share in cash. The agreement intends to protect shareholders of Beacon from anyone seeking to gain control of the company without paying all stockholders an appropriate control premium.
Beacon Adopts Stockholder Rights Agreement
The Board adopted the Rights Agreement in response to the tender offer previously announced by QXO, Inc. ("QXO"). The Rights Agreement is intended to protect Beacon and its stockholders from anyone seeking to opportunistically gain control of Beacon without paying all stockholders an appropriate control premium.
Jim Cramer on Beacon Roofing Supply, Inc. (BECN) CEO Julian Francis: ‘Game Changer, Mr. Roofer’
We recently compiled a list of the Jim Cramer Discussed These 12 Stocks Amidst The DeepSeek AI Selloff. In this article, we ...
Wall Street Journal3d
Building-Products Distributor QXO Launches Hostile Bid for Beacon
Building-products distributor QXO QXO-3.71%decrease; red down pointing triangle is taking its all-cash offer to acquire Beacon Roofing Supply BECN 0.95%increase; green up pointing triangle ...
Nasdaq3d
Beacon Evaluates QXO's Unsolicited Tender To Acquire Shares For $124.25/ Share In Cash
(RTTNews) - Beacon (BECN), Monday announced that QXO, Inc. (QXO) has initiated an unsolicited tender offer to acquire all outstanding shares of the company's common stock at a price of $124.25 ...