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Beacon Adopts Poison Pill

Reuters on MSN · 1d

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 · 1d

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.

CNBC on MSN · 2d

Beacon Roofing CEO describes dealings with QXO as takeover bid heats up

Beacon Roofing CEO Julian Francis described communications with a building products distributor looking to acquire his company.

2d

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, ...

Beacon Adopts Shareholder Rights Deal to Hold Off QXO

As expected, QXO responded immediately following Beacon’s rights agreement announcement, calling the move “shareholder ...

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