QXO Seeks to Replace Beacon Roofing Board

QXO Seeks to Replace Beacon Roofing Board After Bid Snubbed
QXO Inc. is putting forth a slate to replace Beacon Roofing Supply Inc.’s board of directors after its takeover offer was rejected.
QXO Unveils Slate of Directors to Replace Beacon’s, Gains Antitrust Clearance
The proposed directors includes former leaders at US LBM, Univar Solutions, Dow, FedEx, Flexsteel, Owens Corning and Trane.
QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting
QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director nominees at Beacon’s 2025 Annual Meeting of Shareholders to replace Beacon’s Board of Directors.
QXO proposes to replace full slate of Beacon Roofing directors after offer rejected
QXO late last month launched a tender offer to buy Beacon ( BECN) for $124.25 a share after its $11 billion takeover was rejected. The tender expires on Feb. 24. Beacon last month adopted a poison pill after QXO announced its hostile bid for the building products company.
Beacon issues statement in response to QXO director nominations
Beacon (BECN) announced that its board of directors has received notice from QXO (QXO) that QXO has nominated ten individuals to stand for
Building-Products Distributor QXO Proposes Full Replacement of Beacon's Board
Building-products distributor QXO is seeking to fully replace Beacon Roofing Supply's board after the roofing-materials company repeatedly rebuffed its acquisition offers. QXO said Wednesday that it will propose 10 independent director nominees at Beacon's annual shareholder meeting this year.
Beacon Roofing Rejects Hostile QXO Bid
Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.
QXO to propose 10 independent director nominees to replace Beacon board
QXO (QXO) announced that it has informed Beacon (BECN) that it will propose 10 independent director nominees at Beacon’s 2025 annual meeting of
Stocktwits on MSN1d
Beacon Roofing's Stock In Focus As QXO's Buyout Offer Gets Regulatory Nod: Retail Sentiment Brightens
Shares of Beacon Roofing Supply ($BECN) were in the spotlight on Wednesday after technology solutions company QXO Inc. said ...
QXO Receives Antitrust Clearance for Acquisition of Beacon Roofing Supply
With committed financing in place and these necessary regulatory approvals secured, QXO is prepared to complete this acquisition and deliver immediate, compelling value to Beacon shareholders,” said ...
QXO secures antitrust clearance for Beacon acquisition
GREENWICH, Conn. - QXO, Inc. (NYSE: QXO) has received antitrust clearance from both the U.S. and Canada for its planned acquisition of Beacon Roofing Supply, Inc. (Nasdaq: NASDAQ:BECN), it was ...
Beacon Issues Statement in Response to QXO’s Director Nominations
Beacon (Nasdaq: BECN) (the "Company") announced today that its Board of Directors (the "Board") has received notice from QXO, Inc. (NYSE: QXO) that QXO has nominated ten individuals to stand for ...
QXO, Inc.: QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting
QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director ...