QXO Seeks to Replace Beacon Roofing Board

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 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 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 goes hostile in $11 billion takeover offer to Beacon Roofing
By Sabrina Valle and Anshuman Tripathy (Reuters) -Billionaire Brad Jacobs on Monday took his QXO $11 billion takeover offer for Beacon Roofing to shareholders, after North America's largest publicly traded distributor of roofing materials repeatedly rebuffed his offer.
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 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 seeks to fend off QXO's hostile takeover with poison pill
Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO. The defense strategy creates a ...
Beacon Roofing CEO describes dealings with QXO as takeover bid heats up
Beacon Roofing CEO Julian Francis described communications with a building products distributor looking to acquire his ...
Bloomberg L.P.18d
QXO Launches Hostile Takeover Bid for Beacon Roofing Supply
QXO Inc. has launched a hostile takeover bid for Beacon Roofing Supply Inc. after the board of the building products company rejected its offer as too low. US-based QXO said in a statement on ...
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Beacon Roofing rejects QXO's $11 bln takeover offer
Jan 15 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab on Wednesday rejected a $11 billion takeover offer from QXO (QXO.O), opens new tab, a new player in the building products ...