Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc. Herndon, Va.-based Beacon said in a ...
Investing.com -- Beacon Roofing Supply (NASDAQ:BECN) Inc. has begun searching for potential buyers in a bid to counteract an $11 billion takeover offer from QXO Inc, according to a report from ...
Herndon-based Fortune 500 company Beacon Roofing Supply is in discussions to be acquired by Connecticut software and tech services company QXO in a deal valued at about $11 billion. “It’s not a done ...
Beacon Roofing (NASDAQ:BECN) could see other takeover offers after QXO Inc. (QXO) disclosed its $124.25 a share offer this week, a bid that Beacon has rejected, according to a Stifel analyst. "We ...
Beacon Roofing Supply currently trades at $123.42 and has been a dream stock for shareholders. It’s returned 536% since April 2020, blowing past the S&P 500’s 91.2% gain. The company has also beaten ...
[Stay on top of transportation news: Get TTNews in your inbox.] Beacon Roofing Supply Inc. is in talks to be bought by QXO Inc. for about $11 billion including debt after rejecting an earlier takeover ...
In the preceding three months, 4 analysts have released ratings for Beacon Roofing Supply (NASDAQ:BECN), presenting a wide array of perspectives from bullish to bearish. The following table summarizes ...
Update 1pm: Adds Beacon response. "QXO has proposed to acquire Beacon for $124.25 in cash per share, a compelling price for your shareholders that delivers a significant, immediate premium," QXO CEO ...
Beacon Roofing Supply, Inc.‘s BECN shares have dropped 12.5% in the past six months against the Zacks Building Products - Retail industry’s 6.3% growth, the broader Retail-Wholesale sector’s 9.1% ...
"I'm not going to speculate on what the board determines the value of the company is, but what we're dealing with right now is an offer for $124.25 per share," he said. "We determined at the time, the ...
Beacon Roofing Supply, Inc. (NASDAQ:BECN) stock is trading higher on Monday. The company announced QXO, Inc. (NYSE:QXO) may potentially acquire it for $124.35 per share in cash or a total ...
Stream San Diego News for free, 24/7, wherever you are with NBC 7. "I'm not going to speculate on what the board determines the value of the company is, but what we're dealing with right now is an ...