QXO, Beacon

Beacon Roofing Stock In Focus After Analyst Downgrade Following Rejection Of QXO Buyout Offer: Retail’s Divided
Shares of Beacon Roofing Supply ($BECN) rose about 1.29% on Friday even as the company received a downgrade from analyst firm Stifel, following another rejection of a $11 billion buyout offer from technology solutions company QXO Inc.
QXO Urges Beacon to Let Shareholders to Decide on Offer After Board Rejection
On Jan. 27, QXO filed its own SEC brief in which it provided an extensive timeline of negotiation attempts and updates with Beacon, along with its stance on actions Beacon’s board had taken, noting ‘unreasonable predictions’ and QXO engagement attempts that had been met with delays and cancellations.
Beacon board rejects QXO tender offer
Beacon (BECN) announced that its board of directors issued its formal recommendation to shareholders regarding the unsolicited tender offer
Beacon Board of Directors Unanimously Rejects QXO’s Unsolicited Tender Offer
Beacon (Nasdaq: BECN) (the "Company"), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors (the "Board") issued its formal recommendation to shareholders regarding the unsolicited tender offer (the "Offer") from QXO,
QXO's takeover bid for Beacon Roofing faces rejection
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 strong financial health rating according to InvestingPro,
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 Confirms Tender Offer to Take Over Beacon Roofing Supply
QXO launched an attempt to acquire Beacon Roofing Supply directly from its shareholders with a tender offer of $124.25 a share.
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,
Beacon Roofing asks shareholders to reject QXO's takeover offer
Beacon Roofing Supply said on Thursday its board had recommended shareholders reject QXO's tender offer to acquire all outstanding shares of the company for $124.25 per share in cash. Shares of Beacon were up about 1.
Beacon Roofing Urges Shareholders to Reject Hostile QXO Bid
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.
Beacon rejects QXO's $124.25 per share acquisition offer
HERNDON, Va. - Beacon (NASDAQ:BECN), a leading distributor of roofing and exterior building materials with a market capitalization of $7.36 billion, has formally advised its shareholders not to accept the unsolicited acquisition offer from QXO,
QXO urges Beacon to let investors decide on all cash offer of $124.25 per share
QXO, Inc. (QXO) issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (BECN) that its Board of ...
Nasdaq9d
QXO, Inc. Reaffirms Commitment to $124.25 Per Share Cash Offer for Beacon Roofing Supply, Inc.
QXO, Inc. has reiterated its commitment to acquiring Beacon Roofing Supply, Inc. for $124.25 per share in a cash tender offer, which represents a significant premium over Beacon's recent trading ...
Wall Street Journal11d
Building-Products Distributor QXO Launches Hostile Bid for Beacon
QXO publicly launched a tender offer to acquire Beacon early Monday, confirming an earlier report by The Wall Street Journal.
Mena FN11d
QXO Launches $11 Billion Tender Offer To Acquire Beacon Roofing Supply For $124.25 Per Share In Cash
Jan. 27, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq ...