Logistics entrepreneur Brad Jacobs has closed his first deal in the building products sector with the purchase of Beacon ...
Beacon Roofing Supply is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO, in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to stave ...
Beacon Roofing Supply has agreed to be acquired by QXO for about $11 bln. The board unanimously insisted as recently as two ...
The agreement between QXO and Hernon, Virginia-based Beacon Roofing Supply, which describes itself as the “largest publicly ...
NYSE: QXO trading higher premarket after announcing merger with NASDAQ: BECN for $124.35 per share in cash. Tender offer ...
The deal caps a months-long takeover saga and gives QXO, a new entrant in the building products distribution industry, a solid advantage with Beacon's expansive network of branches across the U.S ...
The agreement ends months of back-and-forth between the companies and avoids a full-blown hostile takeover battle. QXO will pay $124.35 per share in cash for Herndon, Va.-based Beacon after a ...
With QXO’s acquisition of Beacon set to finalize by the end of April, let’s look at what the deal does for both sides and the ...
Building-products distributor QXO QXO-2.16%decrease; red down pointing triangle has signed a deal for Beacon Roofing Supply BECN 0.03%increase; green up pointing triangle after months of trying to ...
Virginia-based Beacon rejected the offer, which prompted QXO CEO Brad Jacobs to approach Beacon's shareholders directly in a hostile takeover attempt. Following this, Beacon had asked shareholders ...
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