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 ...

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 ...

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Following its review, the Board unanimously rejected the proposal and determined that it significantly undervalues the ...

The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." ...

Hindenburg Research founder Nate Anderson, a foe of Carl Icahn and the Adani family, cites the stress of his job as he shuts down the firm.

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 ...

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 ...

QXO Inc. has made an all-cash offer to acquire Beacon Roofing Supply Inc. for approximately $11 billion, accusing Beacon's ...

U.S., Arab and Israeli officials all tell CBS News that Israel and Hamas have agreed in principle to a ceasefire and ...

Beacon (Nasdaq: BECN) (the "Company") today confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO, Inc. (Nasdaq: QXO) to acquire all outstanding shares ...

QXO, a new player in building products distribution, on Wednesday made public its $11 billion offer to buy Beacon Roofing ...