Both companies also acknowledged how many Beacon shares have been tendered as of Feb. 24 and gave opposing views on what it ...

QXO announced the company would extend its tender offer to acquire Beacon shares, which the company has rejected.

QXO extends tender offer for Beacon Roofing at $124.25/share, urging investors to act for a substantial premium. Deal may ...

QXO, Inc. (NYSE: QXO) announced today it is extending its all-cash tender offer to acquire all outstanding shares of Beacon ...

The poison pill kicks in when a person or group acquires a 15% interest in Beacon (NASDAQ:BECN), according to a statement from the company on Tuesday. The move comes after QXO on Monday launched a ...

(Reuters) - Beacon Roofing Supply said on Tuesday it has adopted a limited duration stockholder rights agreement, commonly known as a poison pill, following a hostile takeover bid by QXO.

Beacon has already adopted a poison pill defense to counter the move. It also has been seeking to attract rival suitors, Bloomberg News reported previously. “Our offer provides certainty ...

A relief measure touted by Republican Gov. Greg Gianforte as a tonic for widespread frustration over Montana’s rising residential property taxes passed a key vote in the Legislature’s House ...

"Beacon should remove its shareholder-unfriendly poison pill so shareholders can benefit from our premium all-cash offer." QXO’s all-cash tender offer for all of Beacon’s outstanding common stock of ...

Beacon responded with a poison pill that in effect prevents QXO from accumulating more than 15 per cent of Beacon. Eventually expect enough pressure for Beacon to come to the table, either from a ...

The problem, or maybe the thorn here, Anthony, is that Beacon does not want to be Brad Jacobs' dance partner. They are looking to put a poison pill in place to make this acquisition a little bit ...

As expected, QXO responded immediately following Beacon’s rights agreement announcement, calling the move “shareholder unfriendly” and a “poison pill” aimed at blocking QXO’s all-cash offer, which is ...