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A Deal Looks Imminent. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2518222086","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518222086?lang=en_us&edition=fundamental","pubTime":"2025-03-10 21:51","pubTimestamp":1741614660,"startTime":"0","endTime":"0","summary":"Shares of Beacon Roofing Supply rose Monday after an unwanted deal appears to be turning into a wanted transaction.Beacon stock was up 8.5% at $120.51 after Beacon and QXO confirmed merger talks that valued Beacon, a wholesale distributor of roofing and complementary building products, at $124.35 a share.S&P 500 and Dow Jones Industrial Average futures were down 1% and 0.9%, respectively. Most stocks were weaker after President Donald Trump wouldn't rule out a 2025 recession in a Sunday interview with Fox News' Maria Bartiromo.The deal values Beacon at almost $11 billion, or about 11 times estimated 2025 earnings before interest, taxes, depreciation, and amortization, or Ebitda.That isn't a steep multiple to pay. Industrial companies in the S&P 500 trade for closer to 15 times estimated 2025 Ebitda, according to FactSet.Beacon is expected to grow Ebitda at about 5% a year on average for the coming three years and bottom-line earnings at closer to 8%. That's not too bad, relative to the","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4097","BECN","LU1169590202.USD","BK4022","BK4104","BK4232","LU1878469433.USD","XPO","LU1169589451.USD","QXO"],"gpt_icon":0},{"id":"2518249052","title":"Qxo Inc Shares up 3.4%","url":"https://stock-news.laohu8.com/highlight/detail?id=2518249052","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518249052?lang=en_us&edition=fundamental","pubTime":"2025-03-10 21:37","pubTimestamp":1741613840,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nFWN3PT0QB:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1169589451.USD","BK4104","LU1878469433.USD","QXO","BECN","BK4097","LU1169590202.USD"],"gpt_icon":0},{"id":"2518224977","title":"Beacon Roofing Supply Shares up 8.3% After Co Says in Discussions With Qxo on Potential Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2518224977","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518224977?lang=en_us&edition=fundamental","pubTime":"2025-03-10 21:37","pubTimestamp":1741613840,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nFWN3PT0QB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4097","LU1169590202.USD","BECN","QXO","BK4104","LU1169589451.USD","LU1878469433.USD"],"gpt_icon":0},{"id":"2518422376","title":"Beacon, QXO in 'friendly' talks on $11B deal as QXO aims to double EBITDA","url":"https://stock-news.laohu8.com/highlight/detail?id=2518422376","media":"Investing.com","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518422376?lang=en_us&edition=fundamental","pubTime":"2025-03-10 19:50","pubTimestamp":1741607439,"startTime":"0","endTime":"0","summary":"Shares of Beacon  surged 8% in pre-open trading Monday following the announcement of now 'friendly' discussions with QXO Inc  about a potential acquisition. The two sides had beenentrenched in separate corners until the news today. QXO has proposed purchasing the building material company for $124.35 per share in cash, valuing the company at approximately $11 billion. This offer marginally exceeds the previous bid made in November by $0.10 per share.QXO is currently performing customary due diligence to examine Beacon's business operations closely. Concurrently, the two companies are working towards finalizing a definitive agreement. Due to these developments, Beacon has decided to delay its Investor Day, which was initially planned for March 13, 2025.\"If we come to an agreement with Beacon, we expect it to be the first of many acquisitions for QXO. It will put us on a pathway to our stated goal of $50 billion in revenue and $8 billion in EBITDA,\" QXO's spokesman said. \"Beacon would be","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/beacon-qxo-friendly-talks-11b-115039821.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","LU1878469433.USD","QXO","LU1974910355.USD","URI","LU2023250843.SGD","LU1721428933.USD","BK4588","LU1169589451.USD","LU1917777945.USD","BK4097","LU2106854487.HKD","LU2023250504.SGD","LU1169590202.USD","BK4104","BK4516","BECN"],"gpt_icon":0},{"id":"2518249869","title":"Beacon Roofing Supply, QXO Discussing Potential Deal; Investor Day Delayed","url":"https://stock-news.laohu8.com/highlight/detail?id=2518249869","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518249869?lang=en_us&edition=fundamental","pubTime":"2025-03-10 19:17","pubTimestamp":1741605438,"startTime":"0","endTime":"0","summary":"Beacon Roofing Supply and QXO said the two sides are in discussions about a potential combination in which Brad Jacobs' company would acquire Beacon in a deal valued around $11 billion.The potential deal, in which QXO would pay $124.35 a share for the roofing materials and complementary building products distributor, represents a slight uptick from past offers. QXO most recently offered to acquire all shares outstanding of Beacon for $124.25 a share but had been rebuffed. QXO, a new player in building-products distribution, in January launched a tender offer to acquire Beacon and said it was prepared to nominate directors to Beacon's board.The two sides noted that there's no guarantee that discussions will result in a deal. Beacon said it is delaying its investor day that was scheduled for Thursday.The back-and-forth between Beacon and QXO dates back to November, when QXO first began working to acquire Beacon. Beacon has said QXO's offer undervalues the company but that it remains open","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Beacon Roofing Supply, QXO Discussing Potential Deal; Investor Day Delayed","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1169589451.USD","LU1878469433.USD","BK4104","BK4097","QXO","BECN","LU1169590202.USD"],"gpt_icon":1},{"id":"2518245905","title":"Beacon Roofing reverses course on QXO's takeover attempt, weighs $11 billion offer","url":"https://stock-news.laohu8.com/highlight/detail?id=2518245905","media":"Reuters","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518245905?lang=en_us&edition=fundamental","pubTime":"2025-03-10 18:16","pubTimestamp":1741601788,"startTime":"0","endTime":"0","summary":"UPDATE 3-Beacon Roofing reverses course on QXO's takeover attempt, weighs $11 billion offerUpdates headline and first paragraph, adds background in paragraphs 7 and 9","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL4N3PT0OU:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["QXO","LU1878469433.USD","BK4097","LU1169589451.USD","BK4104","LU1169590202.USD","BECN"],"gpt_icon":0},{"id":"2518439932","title":"QXO, Beacon Roofing confirm merger talks","url":"https://stock-news.laohu8.com/highlight/detail?id=2518439932","media":"Reuters","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518439932?lang=en_us&edition=fundamental","pubTime":"2025-03-10 18:06","pubTimestamp":1741601216,"startTime":"0","endTime":"0","summary":"QXO, Beacon Roofing confirm merger talksMarch 10 (Reuters) - QXO QXO.N is in discussions about a potential $11 billion deal for Beacon Roofing Supply BECN.O, the companies said on Monday.  (Reporting ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL4N3PT0OO:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BECN","LU1169589451.USD","LU1169590202.USD","BK4104","BK4097","LU1878469433.USD","QXO"],"gpt_icon":0},{"id":"2518243337","title":"BRIEF-QXO And Beacon Confirm Discussions Regarding Potential Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2518243337","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518243337?lang=en_us&edition=fundamental","pubTime":"2025-03-10 18:04","pubTimestamp":1741601062,"startTime":"0","endTime":"0","summary":"BRIEF-QXO And Beacon Confirm Discussions Regarding Potential TransactionMarch 10 (Reuters) - Beacon Roofing Supply Inc BECN.O:QXO AND BEACON CONFIRM DISCUSSIONS REGARDING POTENTIAL TRANSACTIONBEACON R","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nFWN3PR0AO:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1169589451.USD","LU1169590202.USD","BECN","LU1878469433.USD","QXO","BK4097","BK4104"],"gpt_icon":0},{"id":"2518243554","title":"Beacon Roofing Supply up 5.3% Premarket After Co Says in Discussions With Qxo on Potential Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2518243554","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518243554?lang=en_us&edition=fundamental","pubTime":"2025-03-10 18:04","pubTimestamp":1741601042,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL4N3PT0OM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4097","LU1169590202.USD","BECN","BK4104","QXO","LU1169589451.USD","LU1878469433.USD"],"gpt_icon":0},{"id":"2518248022","title":"Beacon Roofing Supply: in Discussions About Potential Combination in Which Qxo Would Acquire Beacon for $124.35 per Share in Cash","url":"https://stock-news.laohu8.com/highlight/detail?id=2518248022","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518248022?lang=en_us&edition=fundamental","pubTime":"2025-03-10 18:00","pubTimestamp":1741600808,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nFWN3PR0AO:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1169589451.USD","LU1878469433.USD","BK4104","BK4097","QXO","BECN","LU1169590202.USD"],"gpt_icon":0},{"id":"2518489212","title":"Press Release: QXO and Beacon Confirm Discussions Regarding Potential Transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2518489212","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518489212?lang=en_us&edition=fundamental","pubTime":"2025-03-10 18:00","pubTimestamp":1741600800,"startTime":"0","endTime":"0","summary":"QXO, Inc.  and Beacon Roofing Supply, Inc.  confirmed today that they are in discussions about a potential combination in which QXO would acquire Beacon for $124.35 per share in cash, or total consideration of approximately $11 billion.QXO is engaging in customary due diligence regarding Beacon's business, and QXO and Beacon are negotiating a definitive agreement. Beacon is postponing its Investor Day, which had been scheduled for March 13, 2025.There can be no assurance that these discussions will result in a transaction.This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets, goals, regulatory approval timing and nominating directors are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statemen","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["R","LU1878469433.USD","QXO","BECN","LU1169589451.USD","BK4097","BK4022","LU1169590202.USD","BK4104","BK4232"],"gpt_icon":0},{"id":"2517468782","title":"QXO CEO outlines employee-first approach in potential Beacon takeover","url":"https://stock-news.laohu8.com/highlight/detail?id=2517468782","media":"Investing.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517468782?lang=en_us&edition=fundamental","pubTime":"2025-03-08 02:54","pubTimestamp":1741373647,"startTime":"0","endTime":"0","summary":"QXO Inc.'s  CEO, Brad Jacobs, addressed Beacon  employees directly in an open letter as the company continues its efforts to acquire the building products distributor. Jacobs emphasized respect for Beacon's workforce and outlined a commitment to prioritizing employee input should the takeover succeed.In his letter, Jacobs acknowledged the challenging times of uncertainty the Beacon employees might be facing due to the potential acquisition. He assured them that their well-being and opinions would be at the forefront of QXO's plans. Jacobs stated, \"If we are fortunate enough to move forward, our first priority will be listening to you.\". Jacobs clarified that QXO's issue lies with decisions made at Beacon's board level, not with its employees, whose dedication he praised. He expressed his intention to conduct a \"listening tour\" to leverage the employees' expertise in the roofing distribution business.The CEO also shared his vision for the company's future, seeking feedback from employee","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/qxo-ceo-outlines-employee-first-185407021.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["QXO","LU1169589451.USD","BK4104","BECN","LU1169590202.USD","LU1878469433.USD","BK4097"],"gpt_icon":0},{"id":"2517716561","title":"QXO's Jacobs calls Beacon's claims 'a head-scratcher' as they continue pursuit","url":"https://stock-news.laohu8.com/highlight/detail?id=2517716561","media":"Investing.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517716561?lang=en_us&edition=fundamental","pubTime":"2025-03-06 22:35","pubTimestamp":1741271756,"startTime":"0","endTime":"0","summary":"On Wednesday, QXO Inc.  CEO and Chairman Brad Jacobs addressed what he described as misleading and inaccurate claims made by takeover target Beacon  in a recent press release. The response follows QXO's second extension of its tender offer for Beacon at $124.25 per share in cash.Jacobs took to LinkedIn to express his concerns, stating that contrary to Beacon's assertions, the company did provide \"crystal clear\" Q1 2025 guidance that led to a downward revision of estimates by sell-side analysts. Following Beacon's update, consensus estimates for Q1 EBITDA dropped from $117 million to $74 million, and revenue forecasts decreased from $2.0 billion to $1.83 billion, he notes. Jacobs pointed out that Beacon's Q4 performance fell short of expectations and their Q1 guidance was \"a whopping 40% consensus estimates at the time.\". Wall St opens lower as tariff uncertainty prevails, chipmakers slide","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/qxos-jacobs-calls-beacons-claims-143556245.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BECN","BK4104","QXO","LU1169590202.USD","BK4097","LU1169589451.USD","LU1878469433.USD"],"gpt_icon":0},{"id":"2517163484","title":"Great week for QXO, Inc. (NYSE:QXO) institutional investors after losing 86% over the previous year","url":"https://stock-news.laohu8.com/highlight/detail?id=2517163484","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517163484?lang=en_us&edition=fundamental","pubTime":"2025-03-06 18:28","pubTimestamp":1741256890,"startTime":"0","endTime":"0","summary":"Key Insights Institutions' substantial holdings in QXO implies that they have significant influence over the company's...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/8042000-choice2-main-header/1585186807378","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/8042000-choice2-main-header/1585186807378"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/software/nyse-qxo/qxo/news/great-week-for-qxo-inc-nyseqxo-institutional-investors-after","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["QXO","NYSE","LU1169589451.USD","LU1169590202.USD","BK4097"],"gpt_icon":0},{"id":"2517951610","title":"QXO, Inc. Reports Q4 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2517951610","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517951610?lang=en_us&edition=fundamental","pubTime":"2025-03-05 12:15","pubTimestamp":1741148159,"startTime":"0","endTime":"0","summary":"Silversun Technologies, Inc. ( ($QXO) ) has released its Q4 earnings. Here is a breakdown of the information Silversun Technologies, Inc. presented...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/qxo-inc-reports-q4-2024-financial-results?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/qxo-inc-reports-q4-2024-financial-results?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["QXO","LU1169589451.USD","BK4097","LU1169590202.USD"],"gpt_icon":0},{"id":"2517602790","title":"Beacon Roofing Supply Calls QXO's Unsolicited Offer 'Opportunistic'","url":"https://stock-news.laohu8.com/highlight/detail?id=2517602790","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517602790?lang=en_us&edition=fundamental","pubTime":"2025-03-05 02:09","pubTimestamp":1741111764,"startTime":"0","endTime":"0","summary":"Beacon Roofing Supply  on Tuesday said QXO's  unsolicited offer to acquire the company was an \"opportunistic attempt\" to take advantage of the current macro environment and buy the business at a discount relative to its intrinsic value.Earlier Tuesday, QXO said it was extending its all-cash tender offer to acquire all outstanding Beacon Roofing Supply shares for $124.25 per share. The offer, initially set to expire Monday, will remain open until March 10, the company said.Responding to the extension, Beacon Roofing said the offer did not accurately capture its business' worth and was a \"detriment\" to its shareholders. The company said it had repeatedly offered to engage with QXO on a potential valuation but was turned down.According to Beacon Roofing, a little over 19% of its shareholders had tendered their shares to QXO's offer, \"a small change from the tender's prior results.\"\"The vast majority of Beacon shareholders are underwhelmed by QXO's first and only offer,\" the company said i","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1169589451.USD","LU1878469433.USD","BK4104","BK4097","QXO","BECN","LU1169590202.USD"],"gpt_icon":0}],"pageSize":16,"totalPage":12,"pageCount":2,"totalSize":189}]}}