Beacon Roofing Supply and QXO have agreed to an $11 billion buyout, sending shares of both companies higher. QXO announced the merger on Thursday morning. It will pay $124.35 per share in cash for the ...
QXO extends the deadline for shareholders to tender their shares, with the transaction expected to close by the end of April.
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of ...
After its initial efforts to buy Beacon Roofing Supply were rebuffed, QXO and the roofing distributor have come to an ...
Learn more about whether Beacon Roofing Supply, Inc. or QXO, Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.
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Stocktwits on MSNBeacon Roofing Supply Stock Rises After QXO Extends Deadline For $11B Offer: Retail Stays BullishShares of Beacon Roofing Supply (BECN) rose more than 2% in after hours trading on Monday following announcement from QXO that it is extending its all-cash tender buyout offer. QXO, a ...
The boards of directors of both companies have unanimously approved the transaction, which values Beacon at approximately $11 billion, including all its outstanding debt.
The agreement between QXO and Hernon, Virginia-based Beacon Roofing Supply, which describes itself as the “largest publicly traded distributor of roofing materials and complementary building products” ...
It’s the second major acquisition in the building supplies sector in less than a week, with QXO Inc. announcing on Thursday ...
RBC Capital analyst Mike Dahl downgraded Beacon (BECN) to Sector Perform from Outperform with a price target of $124.35, up from $124. The ...
QXO (QXO) announced that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon (BECN) and amending the terms of ...
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