FW: Oppenheimer analysts see fertile ground for Jacobs’ plans at new venture QXO
FREIGHTWAVES reports: One of Wall Street’s first takes on ambitious plans by XPO/RXO/GXO founder Brad Jacobs ...
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 ...
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