by Phil Hall | Mar 20, 2025 | Current News & Events, Real Estate News, WRE News Exclusive
The Greenwich, Connecticut-headquartered building products distributor QXO Inc. (NYSE: QXO) announced its acquisition of Beacon Roofing Supply Inc. (NASDAQ: BECN) for $11 billion. Founded in 1928, is a leading distributor of roofing, waterproofing and exterior...
by Phil Hall | Jan 28, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive
Beacon Roofing Supply Inc. (NASDAQ: BECN) has adopted a limited duration stockholder rights agreement designed to protect stockholder interests against the unsolicited takeover bid from QXO Inc. (NYSE: QXO). “The Rights Agreement is intended to protect Beacon and its...
by Phil Hall | Jan 27, 2025 | Current News & Events, Industry Updates, Market Snapshot, Real Estate News, WRE News Exclusive
The Greenwich, Connecticut-headquartered technology solutions provider QXO Inc. (NYSE: QXO) has commenced an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply Inc. (NASDAQ: BECN) for $124.25 per share, for a transaction valued at...
by Phil Hall | Jan 15, 2025 | Current News & Events, Real Estate News, WRE News Exclusive
The Greenwich, Connecticut-headquartered technology solutions provider QXO (NASDAQ: QXO) has proposed a deal to Beacon Roofing Supply Inc. (NASDAQ: BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash. Herndon, Virgina-based Beacon sells...
America’s Economy Is Growing. Its Housing Market Is Being Left Behind…
