Beacon Roofing Stands Firm: Rejects QXO’s $11 Billion Acquisition Offer

Beacon Roofing Supply has made a resolute decision to remain independent, declining a substantial acquisition proposal from QXO Inc. The offer, announced by QXO Inc., aimed to purchase Beacon Roofing Supply in a cash transaction valued at approximately $11 billion, offering $124.25 per share, which represented a compelling 37% premium over Beacon Roofing Supply’s…

To read the full article, please visit Digital Commerce 360

#BeaconRoofing, #QXOInc, #AcquisitionOffer, #DigitalCommerce, #StockMarket