QXO's Brad Jacobs comments on Beacon Roofing Supply’s adoption of shareholder-unfriendly poison pill

PRESS RELEASE

QXO Comments on Beacon Roofing Supply’s Adoption of Shareholder-Unfriendly Poison Pill

Reaffirms Commitment to Acquiring Beacon for $124.25 per Share in Cash

All-Cash Offer Provides Significant and Immediate Value to Beacon Shareholders

GREENWICH, Conn., January 28, 2025 – QXO, Inc. (NYSE: QXO) today commented on Beacon Roofing Supply, Inc.’s (Nasdaq: BECN) adoption of a shareholder rights plan, which takes immediate effect and is aimed at blocking QXO’s all-cash tender offer to acquire ...