Urges Beacon Shareholders to Secure Significant and Immediate Cash Value by Tendering into QXO’s OfferGREENWICH, Conn., Jan.

Jan. 27, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq ...

"Beacon should remove its shareholder-unfriendly poison pill so shareholders can benefit from our premium all-cash offer." ...

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

QXO (NYSE:QXO) has commenced an $11B all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply (NASDAQ:BECN) for $124.25 a share. This price implies a 37% premium above ...

Beacon (BECN) announced that its board of directors issued its formal recommendation to shareholders regarding the unsolicited tender offer ...

QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was ...

Accordingly, the Board unanimously recommends that shareholders not tender into the Offer. “QXO has failed to improve its first and only proposal, which the Board determined significantly ...

QXO launched an attempt to acquire Beacon Roofing Supply directly from its shareholders with a tender offer of $124.25 a share. The building-products distributor Monday said its offered share ...