QXO Seeks to Replace Beacon Roofing Board

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 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.
QXO to propose 10 independent director nominees to replace Beacon board
QXO (QXO) announced that it has informed Beacon (BECN) that it will propose 10 independent director nominees at Beacon’s 2025 annual meeting of
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.
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 issues statement in response to QXO director nominations
Beacon (BECN) announced that its board of directors has received notice from QXO (QXO) that QXO has nominated ten individuals to stand for
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.
Beacon Board of Directors Unanimously Rejects QXO’s Unsolicited Tender Offer
Beacon (Nasdaq: BECN) (the "Company"), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors (the "Board") issued its formal recommendation to shareholders regarding the unsolicited tender offer (the "Offer") from QXO,
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 secures antitrust clearance for Beacon acquisition
GREENWICH, Conn. - QXO, Inc. (NYSE: QXO) has received antitrust clearance from both the U.S. and Canada for its planned acquisition of Beacon Roofing Supply, Inc. (Nasdaq: NASDAQ:BECN), it was ...
QXO获得收购Beacon反垄断许可
康涅狄格州格林威治讯 - QXO, Inc. (NYSE: QXO)周一宣布，已获得美国和加拿大反垄断部门批准，可以继续推进收购Beacon Roofing Supply, Inc. (Nasdaq: BECN)的计划。目前Beacon市值达73.6亿美元，过去12个月收入增长近10%。这一监管批准使QXO向完成交易迈进了一大步，预计将为Beacon股东带来显著价值。
Beacon Issues Statement in Response to QXO’s Director Nominations
Beacon (Nasdaq: BECN) (the "Company") announced today that its Board of Directors (the "Board") has received notice from QXO, Inc. (NYSE: QXO) that QXO has nominated ten individuals to stand for ...
Stifel cuts Beacon Roofing Supply rating to Hold, target to $122.55
Stifel analysts downgraded Beacon Roofing Supply stock, traded on (NASDAQ:BECN), from Buy to Hold, adjusting the price target to $122.55 from the previous $131.00. The stock, currently trading at $120 ...
QXO: Prepared to complete Beacon acquisition shortly after tender expires
Prepared to complete Beacon (BECN) acquisition shortly after tender expiresMaximize Your Portfolio with Data Driven ...
QXO Urges Beacon Roofing Supply to Let Shareholders Decide on Premium All Cash Offer of $124.25 per Share
QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc.