Plus, activist fund Farallon takes a big stake in Japanese pharma company and an ode to a Hong Kong public watchdog ...
QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was ...
QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was rejected.
QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was ...
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- 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 ...
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Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by billionaire investor Brad Jacobs, is aggressively seeking to acquire Beacon ...
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 Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.
QXO's tender offer is set to expire at midnight, New York City time, on February 24, 2025, with the company prepared to finalize the acquisition soon after, assuming all terms of the offer are met.