QXO Urges Beacon Roofing Supply

Beacon Roofing Rejects Hostile QXO Bid
Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.
QXO Urges Beacon Roofing Supply to Let Shareholders Decide on Premium All Cash Offer of $124.25 per Share
GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN ...
Beacon Roofing Urges Shareholders to Reject Hostile QXO Bid
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.
Beacon Roofing Stock In Focus After Analyst Downgrade Following Rejection Of QXO Buyout Offer: Retail’s Divided
Shares of Beacon Roofing Supply ($BECN) rose about 1.29% on Friday even as the company received a downgrade from analyst firm Stifel, following another rejection of a $11 billion buyout offer from technology solutions company QXO Inc.
Beacon Roofing asks shareholders to reject QXO's takeover offer
Beacon Roofing Supply said on Thursday its board had recommended shareholders reject QXO's tender offer to acquire all outstanding shares of the company for $124.25 per share in cash. Shares of Beacon were up about 1.
Beacon rejects QXO's $124.25 per share acquisition offer
HERNDON, Va. - Beacon (NASDAQ:BECN), a leading distributor of roofing and exterior building materials with a market capitalization of $7.36 billion, has formally advised its shareholders not to accept the unsolicited acquisition offer from QXO,
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QXO, Inc. Responds to Beacon Roofing Supply's Rejection of $124.25 Per Share Acquisition Offer
GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN ...
Beacon Roofing Supply (NASDAQ:BECN) Coverage Initiated at StockNews.com
StockNews.com began coverage on shares of Beacon Roofing Supply (NASDAQ:BECN – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the stock. A number of other ...
With No Competing Offers, Beacon Roofing’s Board Stalls and Misleads
Sold Shares Well Below Offer Price, Undermining Beacon’s Case Against QXOQXO Calls on Beacon Roofing to Let Shareholders ...
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CT company doubles down on hostile takeover of Beacon Roofing Supply
Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...
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Trust Point Inc. Acquires New Stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Beacon Roofing Supply, Inc. has a 52 week low of $77.54 and a 52 week high of $121.42. The company has a quick ratio of 1.14, a current ratio of 1.91 and a debt-to-equity ratio of 1.60.
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QXO, Inc.: QXO Urges Beacon Roofing Supply to Let Shareholders Decide on Premium All Cash Offer of $124.25 per Share
GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN ...
Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid
Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile ...
Jim Cramer Says Beacon Roofing Supply, Inc. (BECN) Was Right In Demanding A Higher Price
We recently compiled a list of the Jim Cramer Discusses These 10 Stocks & Wonders Whether DeepSeek Stole From OpenAI. In this ...