QXO, Beacon

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 jumps after QXO makes $124.25 a share takeover offer (update)
The takeover approach comes after the WSJ reported in November that QXO was bidding for Beacon ( NASDAQ: BECN ). Beacon shares jumped 10% on Nov. 18 after the report. QXO's offer represents a 26% premium to BECN's share price the day before the article was published.
Beacon confirms receipt, reiterates rejection of unsolicited QXO proposal
EST Beacon (BECN) confirms receipt, reiterates rejection of unsolicited QXO (QXO) proposalStay Ahead of the Market:Discover outperforming
Beacon Roofing Supply's Shares Hit All-Time High After Rejecting QXO's $11B Acquisition Offer
Beacon's statement came after the Brad Jacobs-led QXO earlier in the day publicly detailed its offer to acquire all outstanding shares of Beacon for $124.25 a share, valuing the company around $11 billion.
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 Hill Democrats mulling over Healey’s shelter reforms that could block out migrants
Top Beacon Hill Democrats offered few indications on whether they would support a package of reforms proposed by Gov. Maura ...
Business Wire10h
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 ...
Truist Financial Gives a Hold Rating to Beacon Roofing Supply (BECN)
In a report released today, Keith Hughes from Truist Financial assigned a Hold rating to Beacon Roofing Supply (BECN – Research Report). The ...
The Saratogian1d
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 MSN11d
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 ...
Building-Products Distributor QXO Prepares to Nominate Directors Over Beacon Deal
QXO, a new player in building-products distribution, is turning up the heat in its efforts to acquire Beacon Roofing Supply.
Beacon price target raised to $131 at Stifel with takeover in play
Stifel analyst W. Andrew Carter raised the firm’s price target on Beacon (BECN) to $131 from $115 and keeps a Buy rating on the shares. The ...
Plans underway to restore, transform now-closed Beacon Theater in Port Washington
The Beacon Theater opened in 1927 and closed in 2018. Now, a local entertainment professional is channeling the space's past ...