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Beacon Roofing Supply, QXO

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 roadblock for Jacobs' attempt to become a big player in building products distribution through QXO,

Hosted on MSN · 2d

Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid

Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.

MarketWatch on MSN · 4d

QXO touts AI advantage in bid to win over Beacon Roofing shareholders

QXO’s $11 billion pitch to buy Beacon Roofing touts the company’s AI experience as well as the overall housing shortage in the United States.

QXO Initiates $11 Billion Cash Offer to Acquire Beacon Roofing Supply

From Goldman Sachs, Morgan Stanley, Citi, Credit Agricole, Wells Fargo, and Mizuho, among other big financial institutions, ...

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Here’s Why Tsai Capital Added QXO (QXO) to its Portfolio?

Tsai Capital, an investment management company, released its fourth quarter investor letter. A copy of the letter can be downloaded here. Tsai Capital celebrated 25 years track record in 2024.

TMCnet3d

Beacon Adopts Stockholder Rights Agreement

The Board adopted the Rights Agreement in response to the tender offer previously announced by QXO, Inc. ("QXO"). The Rights Agreement is intended to protect Beacon and its stockholders from anyone ...

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Beacon Roofing Supply, QXO

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