Calls on Beacon to Remove Shareholder-Unfriendly Poison PillGREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc.

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

The also company called on Beacon to remove its “poison pill” aimed to hold off QXO’s takeover bid from going to a ...

QXO (QXO) announced that it has obtained antitrust clearance in both the U.S. and Canada for its acquisition of Beacon Roofing Supply (BECN), ...

QXO, Inc. (NYSE: QXO) announced today that it has obtained antitrust clearance in both the U.S. and Canada for its acquisition of Beacon Roofing Supply ...

GREENWICH, Conn. - QXO, Inc. (NYSE: QXO) has received antitrust clearance from both the U.S. and Canada for its planned acquisition of Beacon Roofing Supply, Inc. (Nasdaq: NASDAQ:BECN), it was ...

QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc.

QXO (QXO) released a letter to Beacon Roofing Supply (BECN) shareholders regarding its $124.25 per share all-cash offer, which read in part, ...

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

Beacon Roofing ( NASDAQ: BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. ( QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday.

QXO's tender offer of $124.25 per share represents a 37% premium over Beacon Roofing Supply's recent trading price, highlighting QXO's strong commitment to provide value to shareholders.