QXO Seals $11 Billion Beacon Roofing Supply Buyout, Ending Takeover Battle With Cash-Packed Deal
NYSE: QXO trading higher premarket after announcing merger with NASDAQ: BECN for $124.35 per share in cash. Tender offer ...
Technology Solutions Firm QXO Agrees to Buy Beacon Roofing Supply for $11B
After its initial efforts to buy Beacon Roofing Supply were rebuffed, QXO and the roofing distributor have come to an ...
Roofing merger shows the perks of playing hard to get
Most hostile merger approaches end with a handshake and a friendly transaction. Investors in the target ultimately want the cash premium, and if a buyer is keen enough to embark on a public fight, ...
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QXO Narrowly Re-Extends Beacon Offer; Raises $830M in Private Placement
QXO said the Computershare Trust Company — the depositary and paying agent for the tender offer — reported that approximately ...
Brad Jacobs’ QXO has first building products acquisition, as Beacon OKs sale
Logistics entrepreneur Brad Jacobs has closed his first deal in the building products sector with the purchase of Beacon ...
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of ...
MT Newswires on MSN7h
Beacon Roofing Supply to be Acquired by QXO in $11 Billion Deal
Beacon Roofing Supply (BECN) agreed to be acquired by QXO (QXO) in an $11 billion deal, less than a month after the building products distributor rejected a slightly lower bid from QXO. Beacon's ...
Stocktwits on MSN2d
Beacon Roofing Supply Stock Rises After QXO Extends Deadline For $11B Offer: Retail Stays Bullish
Shares of Beacon Roofing Supply (BECN) rose more than 2% in after hours trading on Monday following announcement from QXO ...