Beacon Roofing Supply is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO, in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to stave ...

Logistics entrepreneur Brad Jacobs has closed his first deal in the building products sector with the purchase of Beacon ...

Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO, weeks after it ...

NYSE: QXO trading higher premarket after announcing merger with NASDAQ: BECN for $124.35 per share in cash. Tender offer ...

Beacon Roofing Supply has agreed to be acquired by QXO for about $11 bln. The board unanimously insisted as recently as two ...

QXO (NYSE:QXO), the building-products distributor led by billionaire Brad Jacobs, raised $830 million in a private placement, pending its all-cash bid for Beacon Roofing Supply (NASDAQ:BECN ...

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 ...

Building-products distributor QXO QXO-2.16%decrease; red down pointing triangle has signed a deal for Beacon Roofing Supply BECN 0.03%increase; green up pointing triangle after months of trying to ...

Virginia-based Beacon rejected the offer, which prompted QXO CEO Brad Jacobs to approach Beacon's shareholders directly in a hostile takeover attempt. Following this, Beacon had asked shareholders ...

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 ...