Beacon Roofing Supply said on Tuesday it has adopted a limited duration stockholder rights agreement, commonly known as a poison pill, following a hostile takeover bid by QXO. Beacon is issuing one ...

By Sabrina Valle and Anshuman Tripathy (Reuters) -Billionaire Brad Jacobs on Monday took his QXO $11 billion takeover offer for Beacon Roofing to shareholders, after North America's largest publicly ...

Beacon Roofing CEO Julian Francis described communications with a building products distributor looking to acquire his ...

QXO on Monday took its $11 billion takeover offer for Beacon Roofing to shareholders of the building-products distributor after the company rebuffed its initial approach. Shares of QXO were down 4% in ...

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

As expected, QXO responded immediately following Beacon’s rights agreement announcement, calling the move “shareholder ...

QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company rejected its offer as too low. US-based QXO said in a statement on ...

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

Jan 15 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab on Wednesday rejected a $11 billion takeover offer from QXO (QXO.O), opens new tab, a new player in the building products ...

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 ...

RBC Capital Markets analyst Michael Dahl said shareholders seem supportive of a takeover for the proposed ... Dahl says, Beacon and QXO are more likely than not to reach a deal.