Items Tagged with 'Beacon Roofing Supply '

What looked like a $200M problem is becoming proof that tech-driven supply chains can redefine the building materials industry.

Lowe's is boosting its Pro ecosystem with the acquisition of Foundation Building Materials Inc., a distributor of interior building products, for $8.8 billion.

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.

QXO increases pressure on Beacon's board of directors as the takeover deadline nears, offering a 37% premium; Beacon remains opposed, but with no competing bids, shareholders may decide the company's future.

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.

Pelican Roofing founder George Boudreaux built the company’s reputation on trust, transparency, and quality work. With a new business partner, Nathan Rath, the company positions itself for accelerated growth.

QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.