Beacon Roofing Supply (BECN): $118.34
Market Cap: $7.32 B
Deal Value: $11 B
Last November, the Wall Street Journal reported that QXO (QXO), a technology company with a focus on building-products, had offered to acquire Beacon Roofing Supply (BECN). But no details were revealed at the time.
This month, however, the details of the deal emerged, leading to a hostile tender offer—and a swift poison pill response from Beacon.