(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 ...

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).

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 ...

In our February 13 segment we highlighted Sugar Land Permier Roofing! Sugar Land Premier Roofing is a Veteran-Lead family business that offers dependable, local roofing services in your area.

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.

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 ...

QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director nominees at Beacon’s 2025 Annual Meeting of ...

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 ...

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.