Beacon Roofing Supply Inc. is in talks to be bought by QXO Inc. for about $11 billion including debt after rejecting an earlier takeover approach.

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

Pliant and Acelyrin adopt poison pill measures to counter activist investor Kevin Tang's stock accumulation, aiming to ...

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 ...

Virginia-based Beacon adopted a poison pill defense to prevent a hostile takeover last month, and has been looking for alternative buyers and an improved offer. Jacobs said Beacon's chairman ...

The tender expires on Feb. 24. Beacon last month adopted a poison pill after QXO announced its hostile bid for the building products company. “If elected, our nominees would give Beacon’s ...

QXO, Inc. (NYSE: QXO) announced today it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.

"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 ...

March 10 (Reuters) - Beacon Roofing Supply (BECN.O), opens ... in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to stave off a hostile takeover attempt.