Brad Jacobs' QXO proposes to acquire Beacon Roofing Supply valuing target at $11bn

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PRESS RELEASE

QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above

Beacon’s Unaffected 90-Day Share Price

GREENWICH, Conn., January 15, 2025 – QXO, Inc. (Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (Nasdaq: BECN) to acquire all outstanding shares of ...