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 ...
QXO, a new player in building-products distribution, is turning up the heat in its efforts to acquire Beacon Roofing Supply.
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 ...
Following its review, the Board unanimously rejected the proposal and determined that it significantly undervalues the ...
The proposal implies a total transaction value of approximately $11 billion and a 37% premium above Beacon’s 90-day ...