QXO Inc. (NYSE:QXO) extended a tender offer to acquire Beacon Roofing Supply (NASDAQ:BECN) for $124.25 a share. The tender ...
Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...
The latest salvo between QXO and Beacon in QXO’s takeover attempt is a defensive move that figures to stymie or at least delay QXO’s hostile bid. Roofing and other building materials distributor ...
On Jan. 15, QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — confirmed its November offer to buy Beacon Roofing Supply. Beacon verified, later that day, that ...
QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was ...
QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was ...
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) announced today that it has obtained antitrust clearance in both the U.S. and Canada for its acquisition of Beacon Roofing ...
Beacon responded with a poison pill that in effect prevents QXO from accumulating more than ... doesn’t want to give away what the clearing takeover price may be. For now, we just have to ...
Consumer sentiment is down and inflation expectations are rising, driven in part by worries about the impact of a threatened ...
GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN) that its ...
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 ...
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