Brad Jacobs' QXO proposes to acquire Beacon Roofing Supply valuing target at $11bn
PRESS RELEASE QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash Offers Significant ...
PRESS RELEASE
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply for
$124.25 Per Share in Cash
Urges Beacon Shareholders to Secure Significant and Immediate Cash Value by Tendering
into QXO’s Offer
GREENWICH, Conn., January 27, 2025 – QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share. This price implies a 37% ...
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