QXO, Beacon

QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting
QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director nominees at Beacon’s 2025 Annual Meeting of Shareholders to replace Beacon’s Board of Directors.
QXO Unveils Slate of Directors to Replace Beacon’s, Gains Antitrust Clearance
The proposed directors includes former leaders at US LBM, Univar Solutions, Dow, FedEx, Flexsteel, Owens Corning and Trane.
QXO proposes to replace full slate of Beacon Roofing directors after offer rejected
QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was rejected. The tender expires on Feb. 24. Beacon last month adopted a poison pill after QXO announced its hostile bid for the building products company.
Building-Products Distributor QXO Proposes Full Replacement of Beacon's Board
Building-products distributor QXO is seeking to fully replace Beacon Roofing Supply's board after the roofing-materials company repeatedly rebuffed its acquisition offers. QXO said Wednesday that it will propose 10 independent director nominees at Beacon's annual shareholder meeting this year.
Beacon Roofing Urges Shareholders to Reject Hostile QXO Bid
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.
With No Competing Offers, Beacon Roofing’s Board Stalls and Misleads
Sold Shares Well Below Offer Price, Undermining Beacon’s Case Against QXOQXO Calls on Beacon Roofing to Let Shareholders Decide on QXO’s $124.25 All-Cash Offer GREENWICH, Conn., Feb. 10, 2025 (GLOBE NEWSWIRE) -- QXO,
Beacon Roofing Rejects Hostile QXO Bid
Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.
QXO Seeks to Replace Beacon Roofing Board After Bid Snubbed
QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was rejected.
QXO Receives Antitrust Clearance for Acquisition of Beacon Roofing Supply
With committed financing in place and these necessary regulatory approvals secured, QXO is prepared to complete this acquisition and deliver immediate, compelling value to Beacon shareholders,” said ...
Jim Cramer Says Beacon Roofing Supply, Inc. (BECN) Was Right In Demanding A Higher Price
We recently compiled a list of the Jim Cramer Discusses These 10 Stocks & Wonders Whether DeepSeek Stole From OpenAI. In this ...
Stifel maintains $131 target on Beacon Roofing Supply stock
Stifel analysts reiterated their $131.00 price target on Beacon Roofing Supply (NASDAQ:BECN), while sustaining a Buy rating for the company's shares. The analysts' position follows recent discussions ...
Beacon Roofing Supply (BECN) Receives a Rating Update from a Top Analyst
In a report released today, Keith Hughes from Truist Financial maintained a Hold rating on Beacon Roofing Supply (BECN – Research Report). The ...