Articles Tagged with ''Beacon Building Products''

Beacon's board of directors has entered into preliminary discussions for QXO to acquire all outstanding Beacon shares at $124.35 per share following months of a hostile takeover threat.

During Women in Construction Week, we highlight women in distribution and the insights they have working in a male-dominated industry.

QXO extended its $124.25 per share tender offer for Beacon to March 10, citing strong momentum despite board resistance, rising commitments, and full financing secured.

LP Building Solutions earned three major industry honors for its innovation and partnerships, including Beacon’s Trail Blazer Award and Vendor of the Year from BMR and Lumbermen’s Inc..

Beacon posted record Q4 net sales of $2.40B, up 4.5%, and full-year sales of $9.8B, despite EPS falling short. Strong EBITDA, acquisitions and expansions bolstered its Ambition 2025 strategy.

Beacon expands its footprint with four greenfield branches in Indiana, Wisconsin, Florida, and Texas, enhancing service for roofing contractors and advancing its Ambition 2025 plan.

Roofing distributors and suppliers share their thoughts on the 2025 International Roofing Expo and how they supported the industry at what could be the biggest show in the event's history.

QXO extended its tender offer for Beacon to March 3, citing shareholder interest, while Beacon's board rejects the bid as undervaluing the company; analysts debate its potential impact.

QXO further escalates its takeover bid for Beacon: In the latest, the pursuer proposes a new board slate following the rejection of its $11B offer. Shareholders now face a pivotal decision in the battle for control. 

Beacon's board submitted a unanimous recommendation to its shareholders to reject QXO's offer to acquire all outstanding shares at $124.25 per share in cash.