Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire ...
Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile ...
From Goldman Sachs, Morgan Stanley, Citi, Credit Agricole, Wells Fargo, and Mizuho, among other big financial institutions, ...
Reaffirms Commitment to Acquiring Beacon for $124.25 per Share in Cash All-Cash Offer Provides Significant and Immediate ...
As expected, QXO responded immediately following Beacon’s rights agreement announcement, calling the move “shareholder ...
QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company ...
QXO (NYSE:QXO) has commenced an $11B all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply (NASDAQ ...
QXO intends to complete the acquisition quickly after the tender offer expires in 20 business days, subject to the terms of the offer. The proposed transaction is not subject to any contingencies ...
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a ...
Beacon Roofing Supply Inc. has started soliciting interest from potential buyers as it looks to fend off an $11 billion ...
Meanwhile, QXO maintains that its offer of $124.25 per share is 17% higher than the Beacon stock has ever traded; represents ...
Anticipating no competition from other potential buyers, Jacobs on Monday bypassed Beacon's board and management refusal by taking QXO's $11 billion takeover offer directly to Beacon shareholders.