Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to acquire the company. Shares of Beacon Roofing Supply rose 10% to $120 after QXO announced it had approached the company’s board with a proposal to acquire outstanding shares for $124.
Beacon Roofing rejects QXO's $11 billion takeover offer
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 roofing material supplier.
Beacon Roofing Supply's Shares Hit All-Time High After Rejecting QXO's $11B Acquisition Offer
Shares of Beacon Roofing Supply surged to an all-time high after rejecting an acquisition offer from building-products distribution company QXO. The stock was trading 8.9% higher, at $118.53, on Wednesday afternoon,
Beacon Roofing jumps after QXO makes $124.25 a share takeover offer (update)
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 offering $124.25 a share for Beacon (NASDAQ:BECN),
QXO goes public with $11 billion bid for Beacon Roofing, threatens proxy fight
QXO, a new player in building products distribution, on Wednesday made public its $11 billion offer to buy Beacon Roofing Supply and threatened a proxy fight after the roofing material supplier rebuffed its overtures.
FOX Sports Reveals Special Super Bowl LIX Coverage ‘Takeover’
Studio Show Lineup Brings Its Extensive Coverage of the Big Game to FOX FOX Sports Unveils Super Bowl Sunday Takeover of Tubi ...
Organizers charged after street takeover on I-95 in New Haven
Four people are accused of orchestrating a street takeover on Interstate 95 Sunday afternoon, according to state police. The ...
CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says
Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...
Possible takeover bid for US Steel reported
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
Dolly Varden Silver: An Interesting Potential Takeover Target
Dolly Varden Silver has a market cap of $215 million, with significant silver and gold resources, but no dividend. Click here ...
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Wrexham owners Ryan Reynolds and Rob McElhenney buy ANOTHER football club with $30,000,000 takeover
The report stated: "A U.S. consortium fronted by real estate investor Al Tylis and Club Necaxa executive Sam Porter has ...
SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in ...
Canadian farmers warn Bunge's Viterra takeover will reduce competition
Farmers warn Canada's approval of U.S. grain trader Bunge's $34-billion takeover of Glencore-backed Viterra will reduce their ...