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QXO Urges Beacon Roofing Supply
Beacon Roofing Urges Shareholders to Reject Hostile QXO Bid
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.
Beacon Roofing Rejects Hostile QXO Bid
Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.
QXO Urges Beacon Roofing Supply to Let Shareholders Decide on Premium All Cash Offer of $124.25 per Share
QXO commenced a tender offer to purchase all outstanding shares of Beacon for $124.25 per share in cash, for an aggregate enterprise value of approximately $11 billion, representing a 37% premium to Beacon’s 90-day unaffected volume-weighted average price of $91.
Beacon Roofing asks shareholders to reject QXO's takeover offer
Beacon Roofing Supply said on Thursday its board had recommended shareholders reject QXO's tender offer to acquire all outstanding shares of the company for $124.25 per share in cash. Shares of Beacon were up about 1.
Beacon rejects QXO's $124.25 per share acquisition offer
HERNDON, Va. - Beacon (NASDAQ:BECN), a leading distributor of roofing and exterior building materials with a market capitalization of $7.36 billion, has formally advised its shareholders not to accept the unsolicited acquisition offer from QXO,
Beacon Board of Directors Unanimously Rejects QXO's Unsolicited Tender Offer
Beacon (Nasdaq: BECN) (the "Company"), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors (the "Board") issued its formal recommendation to shareholders regarding the unsolicited tender offer (the "Offer") from QXO,
9h
Federal judge in Seattle calls rule of law ‘bright beacon,’ blocks Trump’s birthright citizenship order
U.S. District Judge John Coughenour's move blocks the order amid a lawsuit brought by Oregon and other states.
12h
on MSN
Senate Democrats want to let Beacon Hill work past summer deadline created to hold pols accountable
Senate Democrats released a package of internal rules that would allow Beacon Hill lawmakers to work past a key summer ...
7h
Beacon downgraded to Hold from Buy at Stifel
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 ...
5h
Beacon Capital, MetLife land Loop tenant after Salesforce exit
The 1 North Dearborn building was acquired by Beacon Capital Partners in 2015 and underwent renovations, with Beacon later ...
Security
11h
Broadcast veteran Marc Jaromin joins Futuri to expand BEACON for public safety
In this pivotal role, Jaromin will lead expansion of BEACON (The Broadcast Emergency Alerts and Communications Operations ...
1d
on MSN
On Beacon Hill, budget crunchers prep for what’s next from Trump
Faced with a blizzard of executive orders issued during the Trump administration’s first two weeks, number-crunchers on ...
1d
Hundreds descend on Beacon Hill to protest Trump, Musk, and Project 2025
Hundreds of people rallied outside the State House on Wednesday to express frustration and anger toward President Trump over ...
2d
Sip, Savor And Stay 2025: Beacon Grand, A Union Square Hotel In San Francisco
Discover a blend of timeless elegance and modern comfort at the Beacon Grand A Union Square Hotel in the heart of San ...
News 6 WKMG
57m
Beacon College, Lake County schools collaborate on neurodivergent student success
A new dual enrollment course is helping neurodivergent students gain confidence and college credit in Lake County.
1d
on MSN
I attended the Beacon School, one of New York City's most competitive public high schools. The experience was both stressful and inspiring.
I attended Beacon High School in New York City. My teachers were free to create their own curriculums, and the students were ...
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