QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was ...
QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was rejected. The tender expires on Feb. 24. Beacon last month adopted a poison ...
QXO Inc. (QXO) is proposing a slate of directors to replace Beacon Roofing Supply's (NASDAQ:BECN) entire board after its takeover offer was rejected. QXO informed Beacon that it will propose 10 ...
(Bloomberg) -- QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company rejected its offer as too low. US-based QXO said in a ...
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Hosted on MSNBeacon Roofing's Stock In Focus As QXO's Buyout Offer Gets Regulatory Nod: Retail Sentiment BrightensShares of Beacon Roofing Supply ($BECN) were in the spotlight on Wednesday after technology solutions company QXO Inc. said ...
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.
Anticipating no competition from other potential buyers, Jacobs on Monday bypassed Beacon's board and management refusal by taking QXO's $11 billion takeover offer directly to Beacon shareholders.
(Reuters) -Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO. The defense ...
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