The deal caps a months-long takeover saga and gives QXO, a new entrant in the building products distribution industry, a solid advantage with Beacon's expansive network of branches across the U.S ...

BMO Capital analyst Ketan Mamtora downgraded Beacon (BECN) to Market Perform from Outperform with a price target of $124.35, down from $130.

QXO, Inc. QXO and Beacon Roofing Supply, Inc. BECN shares are trading higher premarket on Thursday. On Thursday, QXO disclosed entering into a definitive merger agreement to acquire Beacon for $ ...

The agreement ends months of back-and-forth between the companies and avoids a full-blown hostile takeover battle. QXO will pay $124.35 per share in cash for Herndon, Va.-based Beacon after a ...

Shares of QXO fell after the company disclosed an offering for $500 million of shares of its common stock. The stock fell 7.1%, to $13.25, in after-hours trading. Through Wednesday's close ...

In what was shaping up to be a hostile takeover attempt, QXO (NYSE: QXO) and Beacon Roofing Supply (NASDAQ: BECN) announced early Thursday that they had reached an agreement to acquire Beacon for ...

A new $11 billion construction project includes a picture window into the secretive side of investing. QXO , the latest ...

QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced it intends to make an offering of $500 million of shares of its common stock (the “Offering”). QXO’s common stock is ...

QXO Inc. (NYSE: QXO) today announced the appointment of global tech veteran Val Liborski as chief technology officer, effective April 21, 2025. Liborski most recently served as chief technology ...

Building-products distributor QXO QXO11.34%increase; green up pointing triangle has signed a deal for Beacon Roofing Supply BECN 1.15%increase; green up pointing triangle after months of trying to ...