Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a ...

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially ...

"QXO has failed to improve its first and only proposal, which the Board determined significantly undervalues the company and our prospects for growth and value creation," Beacon's board chair Stuart ...

GREENWICH, Conn. - QXO, Inc. (NYSE: QXO), a provider of technology solutions primarily for the manufacturing, distribution, and service sectors, with a market capitalization of $5.7 billion and a ...

Shares of Beacon Roofing Supply ($BECN) rose about 1.29% on Friday even as the company received a downgrade from analyst firm ...

Stifel downgraded Beacon (BECN) to Hold from Buy with a price target of $122.55, down from $131, following the company’s formal rejection of ...

The improving environment for deals is encouraging some smaller firms to start hunting much larger prey.Most Read from ...

The latest salvo between QXO and Beacon in QXO’s takeover attempt is a defensive move that figures to stymie or at least delay QXO’s hostile bid. Roofing and other building materials distributor ...

On Jan. 15, QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — confirmed its November offer to buy Beacon Roofing Supply. Beacon verified, later that day, that ...

The president’s son-in-law has built a global business in part with relationships from his time in the first Trump White House ...

QXO, Inc. (QXO) issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (BECN) that its Board of ...