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Beacon Roofing Rejects $11 Billion Buyout Bid
Beacon Roofing rejects QXO's $11 billion takeover offer
Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products distribution industry, saying its proposal "significantly undervalues" the roofing material supplier.
Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to acquire the company. Shares of Beacon Roofing Supply rose 10% to $120 after QXO announced it had approached the company’s board with a proposal to acquire outstanding shares for $124.
Beacon Roofing Rejects $11 Billion Buyout Bid: Retail Sentiment Rallies In Support
Shares of Beacon Roofing Supply ($BECN) slipped 0.23% in after-hours trading on Wednesday after surging more than 7% earlier in the day as the company rejected an $11 billion takeover bid from QXO Inc.
16h
on MSN
Surge in respiratory illnesses leads Beacon to urge masking when visiting hospitals
Hospitals ask for help protecting vulnerable patients by not visiting when sick, masking when you do visit and washing your ...
22h
Beacon price target raised to $127 from $115 at Loop Capital
Loop Capital analyst Garik Shmois raised the firm’s price target on Beacon (BECN) to $127 from $115 and keeps a Buy rating on the shares. The ...
2d
Beacon Building Products to Host 2025 Investor Day
Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today that it will host an Investor Day in New York ...
10d
on MSN
Latest Beacon Poll shows ‘whopping’ support for governor’s voucher plan
A new poll from The Beacon Center of Tennessee shows broad support for Gov. Bill Lee's "Education Freedom Scholarship" ...
22h
Beacon price target raised to $136 from $125 at BMO Capital
BMO Capital raised the firm’s price target on Beacon (BECN) to $136 from $125 and keeps an Outperform rating on the shares. The company ...
The Saratogian
1d
Beacon Communities, Saratoga Springs Housing Authority announce workforce housing project
Beacon Communities, one of the nation’s leading affordable housing developers, and the Saratoga Springs Housing Authority ...
WWLP Springfield on MSN
10d
What to watch for on Beacon Hill in 2025
A new year and new legislative session have arrived, and there are already loads of pressing issues that appear ripe for ...
Business Wire
4h
Nadia Partners Originates Beacon AI Centers to Advance AI Data Center Development in Alberta
Originated by Nadia Partners, Beacon AI Centers, a pioneering data center development company, today announced its emergence ...
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