Jan. 28, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today commented on Beacon Roofing Supply, Inc.’s (Nasdaq: BECN) adoption of a shareholder rights plan, which takes immediate effect and is ...
The latest salvo between QXO and Beacon in QXO’s takeover attempt is a defensive move that figures to stymie or at least delay QXO’s hostile bid. Roofing and other building materials distributor ...
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 ...
(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. The defense ...