Plus, UniCredit’s bid for Commerzbank finds support within Germany’s industrial base and Lazard’s quick windfall on this year’s big hostile takeover effort ...
Assuming the Lazard junior analysts were working for 72 hours straight (quite possibly true) for a Beacon board meeting that ...
Beacon Roofing ( NASDAQ: BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. ( QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday.
Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...
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 ...
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 Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially ...
Shares of Beacon were up about 1.8% in morning trade. "QXO has failed to improve its first and only proposal, which the Board determined significantly undervalues the company and our prospects for ...
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a ...
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a ...
(Reuters) -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 ...