Sold Shares Well Below Offer Price, Undermining Beacon’s Case Against QXOQXO Calls on Beacon Roofing to Let Shareholders ...

QXO (QXO) released a letter to Beacon Roofing Supply (BECN) shareholders regarding its $124.25 per share all-cash offer, which read in part, ...

StockNews.com began coverage on shares of Beacon Roofing Supply (NASDAQ:BECN – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the stock. A number of other ...

Fintel reports that on February 7, 2025, Stifel downgraded their outlook for Beacon Roofing Supply (NasdaqGS:BECN) from Buy ...

Beacon Roofing (NASDAQ:BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. (QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday. "Though the rejection of ...

Back on Nov. 18, the Wall Street Journal reported that QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — had made an offer to buy Beacon Roofing Supply. At the ...

In a Monday interview with CNBC's Jim Cramer, Beacon Roofing CEO Julian Francis described the company's communications with QXO, a building products distributor looking to acquire his company.

Beacon Roofing Supply's stock (BECN) rose 0.8% to $119.39 a share on Monday. The stock has risen nearly 40% in the past year, including a gain of 19.1% in the past month. With the destruction ...

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 statement on Monday ...

Beacon Roofing Supply (BECN) trades relatively flat today after QXO (QXO) confirmed its $11 bln tender offer to acquire the building products distributor. QXO provides consulting and professional ...

Billionaire Brad Jacobs bypasses Beacon's board Beacon says it is looking for alternative buyers to raise price Shareholders have until Feb. 24 to tender shares By reaching out to Beacon ...