Brad Jacobs' QXO launches $11bn tender offer to take over Beacon Roofing Supply
PRESS RELEASE
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply for
$124.25 Per ...
FREIGHTWAVES reports:
One of Wall Street’s first takes on ambitious plans by XPO/RXO/GXO founder Brad Jacobs in the building products field through new company QXO says creating an efficient supply chain is key to the company’s long-term success.
A report by analysts Scott Schneeberger and Daniel Hultberger at Oppenheimer & Co. makes numerous references to the synergies possible in the distribution of building products, a process that they and Jacobs alike note is highly fragmented.
Unlike most reports by equity analysts, the Oppenheimer ...
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