Plus, UniCredit’s bid for Commerzbank finds support within Germany’s industrial base and Lazard’s quick windfall on this year’s big hostile takeover effort ...
Assuming the Lazard junior analysts were working for 72 hours straight (quite possibly true) for a Beacon board meeting that ...
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 ...
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.
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Stocktwits on MSNBeacon Roofing Stock In Focus After Analyst Downgrade Following Rejection Of QXO Buyout Offer: Retail’s DividedShares of Beacon Roofing Supply ($BECN) rose about 1.29% on Friday even as the company received a downgrade from analyst firm ...
Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...
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 ...
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 ...
Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially ...
Shares of Beacon were up about 1.8% in morning trade. "QXO has failed to improve its first and only proposal, which the Board determined significantly undervalues the company and our prospects for ...
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a ...
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a ...
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