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Beacon Roofing Supply (NASDAQ:BECN) rose 1.8% after a report that the building products distributor has started seeking interest from possible buyers to thwart an $11 billion offer from QXO Inc ...
Beacon Roofing Supply Inc. has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
(Reuters) -Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO. The defense ...
HERNDON, Va., January 15, 2025--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the "Company") today confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO ...