Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a ...

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially ...

"QXO has failed to improve its first and only proposal, which the Board determined significantly undervalues the company and our prospects for growth and value creation," Beacon's board chair Stuart ...

Beacon Roofing Supply said on Tuesday it has adopted a limited duration stockholder rights agreement, commonly known as a ...

GREENWICH, Conn. - QXO, Inc. (NYSE: QXO), a provider of technology solutions primarily for the manufacturing, distribution, and service sectors, with a market capitalization of $5.7 billion and a ...

Beacon Roofing CEO Julian Francis described communications with a building products distributor looking to acquire his ...

QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company ...

Stifel downgraded Beacon (BECN) to Hold from Buy with a price target of $122.55, down from $131, following the company’s formal rejection of ...

As expected, QXO responded immediately following Beacon’s rights agreement announcement, calling the move “shareholder ...

Meanwhile, QXO maintains that its offer of $124.25 per share is 17% higher than the Beacon stock has ever traded; represents ...

(Bloomberg) -- QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company rejected its offer as too low. US-based QXO said in a ...

Anticipating no competition from other potential buyers, Jacobs on Monday bypassed Beacon's board and management refusal by taking QXO's $11 billion takeover offer directly to Beacon shareholders.