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Update 1pm: Adds Beacon response. Beacon Roofing (NASDAQ:BECN) soared 10% after QXO Inc. (QXO) offered to buy the building products distributor in a deal valued at about $11 billion. QXO is ...
In this article, we are going to take a look at where Beacon Roofing Supply, Inc. (NASDAQ:BECN) stands against other industrial stocks that are up the most so far in 2025. Industrial stocks are ...
The merger between Beacon Roofing Supply, Inc. and QXO, Inc. seems likely, ending merger arbitrage opportunities. Beacon's stock price increase to $119 suggests the market believes the deal will ...
By Sabrina Valle (Reuters) -Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO ...
March 20 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO (QXO.N), opens new tab, weeks after it rejected ...
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.
Beacon Roofing Supply’s Chief Executive Julian Francis said the industrial distribution company faces economic uncertainties around tariffs and potential labor shortages from a crackdown on ...
Beacon Roofing Supply has made a strategic investment and partnership with roofing-automation company Renovate Robotics. "This technology has the potential to disrupt the roofing industry where ...
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.
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