Sold Shares Well Below Offer Price, Undermining Beacon’s Case Against QXOQXO Calls on Beacon Roofing to Let Shareholders ...

QXO intends to complete the acquisition quickly after the tender offer expires in 20 business days, subject to the terms of the offer. The proposed transaction is not subject to any contingencies ...

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

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 ...

Feb 6 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab said on Thursday its board had recommended shareholders reject QXO's (QXO.N), opens new tab tender offer to acquire all outstanding ...

Shares of Beacon Roofing Supply ($BECN) rose about 1.29% on Friday even as the company received a downgrade from analyst firm ...

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.

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 will be outstanding until 12:00 midnight ... Inc. (“QXO”) and Beacon Roofing Supply, Inc. (“Beacon”), including the possibility that the parties will not agree to ...

--(BUSINESS WIRE)--Beacon (Nasdaq: BECN ... its formal recommendation to shareholders regarding the unsolicited tender offer (the “Offer”) from QXO, Inc. (NYSE: QXO) to acquire all outstanding ...

(Reuters) -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.