Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above Beacon’s Unaffected 90-Day Share ...
The stock performance of Beacon Roofing Supply and QXO's offer have attracted notice as QXO aims to penetrate the $800 ...
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to ...
Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products ...
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% ...
Beacon (BECN) confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO (QXO) to acquire all ...
QXO, a new player in building-products distribution led by Brad Jacobs, publicly detailed its offer to acquire all outstanding shares of Beacon for $124.25 a share. The deal is valued around $11 ...
Beacon Roofing Supply (BECN) has received a new Buy rating, initiated by Stifel Nicolaus analyst, W. Andrew Carter.Stay Ahead of the ...
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 ...
Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it ...
The scene is set for a skirmish between thirsty tycoons and wary investors in would-be targets. Jacobs’ bidding vehicle, QXO, is an artefact of financial engineering. He bought a tiny, listed ...
Following its review, the Board unanimously rejected the proposal and determined that it significantly undervalues the ...