Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply ... and chief executive officer of QXO.

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.

Truist Financial analyst Keith Hughes maintained a Hold rating on Beacon Roofing Supply (BECN – Research Report) today. The company’s shares closed yesterday at $119.55. Hughes covers the ...

BMO Capital's analysts believe that Beacon Roofing Supply deserves a higher valuation multiple due to its enhanced operating performance, significantly reduced financial leverage, and a more ...

GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN) that its ...

GREENWICH, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (Nasdaq ...

Beacon Roofing Supply Inc. has officially rejected a hostile ... when it plans to provide long-term financial targets and map out the next chapter of its growth. QXO has been on the lookout ...

(Reuters) -Beacon Roofing Supply said on Thursday its board had recommended shareholders ... and Beacon should let its shareholders decide what is in their best interest." QXO's chief executive and ...

Meanwhile, Beacon Roofing Supply has announced that it will provide its long-term financial targets for the year 2028 during its upcoming investor day. JPMorgan has been appointed as the financial ...

QXO's tender offer of $124.25 per share represents a 37% premium over Beacon Roofing Supply's recent trading ... chairman and chief executive officer of QXO. "Beacon’s filing shows no ...