QXO | QXO Proposes to Acquire Beacon Roofing Supply for …
GREENWICH, Conn., January 15, 2025 – QXO, Inc. (Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (Nasdaq: BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash.The proposal implies a total transaction value of approximately $11 billion and a 37% premium above Beacon’s 90-day unaffected volume ...
QXO Takes $11 Billion Deal for Beacon Roofing Straight to …
Jan 15, 2025 · Tech-forward building products startup QXO is taking its $11 billion takeover offer for roofing company Beacon directly to the company’s shareholders, while accusing the company’s board of...
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per …
GREENWICH, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (Nasdaq ...
QXO, Inc. Proposes $11 Billion Acquisition of Beacon Roofing
Jan 15, 2025 · QXO, Inc. has submitted a proposal to acquire Beacon Roofing Supply, Inc. for $124.25 per share in cash, representing a total transaction value of about $11 billion and a 37% premium based on ...
Beacon Roofing rejects QXO's $11 bln takeover offer | Reuters
Jan 15, 2025 · Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO , a new player in the building products distribution industry, saying its proposal "significantly undervalues" the ...
QXO Makes $11 Billion Cash Offer to Acquire Beacon
Jan 15, 2025 · 26% premium to Beacon’s unaffected price of $98.75 per share (as of November 15, 2024, the last trading day prior to the Wall Street Journal report that QXO had made an offer to acquire Beacon); 37% premium to Beacon’s 90-day unaffected VWAP of $91.02 per share;
QXO Proposes $11 Billion Acquisition of Beacon Roofing Supply; …
6 days ago · Following news that QXO (QXO, Financials) offered an all-cash purchase of the firm for $124.25 per share, Beacon Roofing Supply (BECN, Financials) saw its shares finish at $117.18, ...
Beacon Roofing Supply Rejects QXO's $11B Acquisition Offer
QXO, a new player in building-products distribution led by Brad Jacobs, publicly detailed its offer to acquire all outstanding shares of Beacon for $124.25 a share. The deal is valued around $11 ...
Beacon Roofing jumps after QXO makes $124.25 a share …
Jan 15, 2025 · Beacon Roofing (NASDAQ:BECN) soared 10% after QXO Inc. offered to buy the building products distributor in a deal valued at about $11 billion. QXO is offering $124.25 a share for Beacon ( NASDAQ ...
Building-Products Distributor QXO Makes Bid for Beacon Roofing
QXO QXO 2.12%, a new player in building-products distribution, has made an offer to acquire Beacon Roofing Supply BECN -0.24%, according to people familiar with the matter. Beacon has a...
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