Beacon Roofing Supply (NASDAQ:BECN) rose 1.8% after a report that the building products distributor has started seeking interest from possible buyers to thwart an $11 billion offer from QXO Inc (QXO).

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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 ...

With committed financing in place and these necessary regulatory approvals secured, QXO is prepared to complete this acquisition and deliver immediate, compelling value to Beacon shareholders,” said ...

Beacon Roofing Supply Inc. has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.

(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 ...

Clearly, options traders are pricing in a big move for Beacon Roofing Supply shares, but what is the fundamental picture for the company? Currently, Beacon Roofing Supply is a Zacks Rank #2 (Buy ...

Members at the Writers Guild of America East have “overwhelmingly” ratified a new three-year deal with ABC News. The guild touted “tremendous financial wins” in the updated agreement ...

To meet the construction industry’s needs in 2025, 439,000 new workers will be required, according to a model developed by Associated Builders and Contractors (ABC). The model uses data from the ...

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.