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19:02","pubTimestamp":1740567744,"startTime":"0","endTime":"0","summary":"QXO  said Tuesday that its all-cash tender offer to acquire all outstanding Beacon Roofing Supply's  shares for $124.25 apiece will now expire on Monday, March 3, at 5 p.m. ET, rather than Feb. 24.QXO said it is \"confident\" Beacon stockholders will \"overwhelmingly support\" the offer.Separately, Beacon said QXO's unsolicited tender offer \"significantly undervalues\" the company and is \"not in the best interests\" of its shareholders. The specialty building products distributor recommended its shareholders not to tender their shares into QXO's offer.\"Beacon's board disingenuously argues that the tender result 'reaffirms' shareholder opposition to QXO's offer. In fact, Beacon's board implemented a poison pill precisely to prevent shareholders from participating in the QXO tender offer-yet they did so anyway, in remarkable numbers,\" a QXO spokesperson told MT Newswires on Tuesday. \"If the Beacon board truly believes its own rhetoric, it should remove the poison pill, allowing Beacon sharehol","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":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BECN","LU1169589451.USD","LU1169590202.USD","BK4104","BK4097","LU1878469433.USD","QXO"],"gpt_icon":0},{"id":"2514909730","title":"BRIEF-Beacon Issues Statement In Response To QXO’s Extension Of Unsolicited Tender Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=2514909730","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514909730?lang=en_us&edition=fundamental","pubTime":"2025-02-25 22:44","pubTimestamp":1740494654,"startTime":"0","endTime":"0","summary":"BRIEF-Beacon Issues Statement In Response To QXO’s Extension Of Unsolicited Tender OfferFeb 25 (Reuters) - Beacon Roofing Supply Inc BECN.O:BEACON ISSUES STATEMENT IN RESPONSE TO QXO’S EXTENSION OF UN","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:20250225:nTUA1T91LZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4097","BECN","LU1169590202.USD","BK4104","LU1878469433.USD","LU1169589451.USD","QXO"],"gpt_icon":0},{"id":"2514915092","title":"Beacon issues statement regarding QXO extension of tender offer","url":"https://stock-news.laohu8.com/highlight/detail?id=2514915092","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514915092?lang=en_us&edition=fundamental","pubTime":"2025-02-25 22:01","pubTimestamp":1740492079,"startTime":"0","endTime":"0","summary":"Beacon (BECN) issued the following statement regarding QXO (QXO) extension of its unsolicited tender offer to acquire all outstanding shares of Bea...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/beacon-issues-statement-regarding-qxo-extension-of-tender-offer?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/the-fly/beacon-issues-statement-regarding-qxo-extension-of-tender-offer?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":["LU1878469433.USD","BECN","LU1169590202.USD","BK4097","LU1169589451.USD","BK4104","QXO"],"gpt_icon":0},{"id":"2514091702","title":"Beacon Roofing Supply Inc: Confident That Standalone Plan Will Deliver \"Substantially Greater Value\" Than Qxo's Proposal","url":"https://stock-news.laohu8.com/highlight/detail?id=2514091702","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514091702?lang=en_us&edition=fundamental","pubTime":"2025-02-25 21:40","pubTimestamp":1740490800,"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:20250225:nTUA1T91LZ:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BECN","QXO","LU1878469433.USD","LU1169590202.USD","LU1169589451.USD","BK4104","BK4097"],"gpt_icon":0},{"id":"2514841092","title":"Beacon Issues Statement in Response to QXO’s Extension of Unsolicited Tender Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=2514841092","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514841092?lang=en_us&edition=fundamental","pubTime":"2025-02-25 21:40","pubTimestamp":1740490800,"startTime":"0","endTime":"0","summary":"Beacon Board Has Unanimously Recommended ThatBeacon Shareholders NOT Tender Their Shares Into QXO’s Offer. Beacon’s Board of Directors  has unanimously concluded that QXO’s unsolicited tender offer  significantly undervalues the Company and its prospects for growth and value creation, and is not in the best interests of Beacon and its shareholders. Beacon has a strong track record of delivering above market growth and superior financial and operational results through the successful execution of Ambition 2025. Having generated total shareholder returns of more than 200% during the past five years1 under the current management team, the Board is confident that Beacon’s standalone plan will deliver substantially greater value than QXO’s proposal.In addition, the fact that shareholders have only tendered approximately 17.27% of shares reaffirms that, consistent with the Board’s view, the Offer is at a price that the vast majority of shareholders believe does not adequately capture Beacon’","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-issues-statement-response-qxo-134000737.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":["LU1169589451.USD","BECN","BK4104","LU1878469433.USD","BK4097","LU1169590202.USD","QXO"],"gpt_icon":0},{"id":"2514509892","title":"Qxo Extends Tender Offer to Acquire Beacon Roofing Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2514509892","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514509892?lang=en_us&edition=fundamental","pubTime":"2025-02-25 20:00","pubTimestamp":1740484802,"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:20250225:nTUA7F90GP:1","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","LU1169590202.USD","QXO","BK4097"],"gpt_icon":0},{"id":"2514098956","title":"Qxo Inc - Extends Tender Offer Deadline to March 3, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2514098956","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514098956?lang=en_us&edition=fundamental","pubTime":"2025-02-25 20:00","pubTimestamp":1740484802,"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:20250225:nTUA7F90GP: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","BECN","BK4104","LU1878469433.USD","BK4097","LU1169590202.USD","QXO"],"gpt_icon":0},{"id":"2514409824","title":"QXO Extends Tender Offer to Acquire Beacon Roofing Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2514409824","media":"Business Wire","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514409824?lang=en_us&edition=fundamental","pubTime":"2025-02-25 20:00","pubTimestamp":1740484800,"startTime":"0","endTime":"0","summary":"GREENWICH, Conn., February 25, 2025----QXO, Inc.  announced today it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc.  for $124.25 per share.The tender offer, originally set to expire at 12:00 midnight  on February 24, 2025, will remain open until 5:00 p.m.  on March 3, 2025. QXO is currently prepared to complete the acquisition shortly after the tender expires, subject to the offer’s terms. The transaction is not dependent on any financing or due diligence conditions, and QXO has already obtained antitrust clearance in both the U.S. and Canada.\"Our offer remains the only opportunity for Beacon shareholders to secure a substantial cash premium now,\" said Brad Jacobs, chairman and chief executive officer of QXO. \"We’re confident Beacon investors will overwhelmingly support our offer if the Beacon Board removes its anti-shareholder poison pill.\"","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/qxo-extends-tender-offer-acquire-120000314.html","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":"yahoofinance","symbols":["IE00BZ1G4Q59.USD","LU2357305700.SGD","BK4504","LU0912757837.SGD","LU2111349929.HKD","LU2271345857.HKD","BK4097","LU0006306889.USD","LU0320765646.SGD","LU2347655156.SGD","LU1169589451.USD","BK4581","LU0314104364.USD","LU1720051108.HKD","LU1732800096.USD","LU1162221912.USD","LU0106831901.USD","BK4127","LU0267386448.USD","LU2133065610.SGD","BK4104","LU0106261372.USD","LU1548497426.USD","LU1720051017.SGD","BK4585","LU0158827781.USD","LU2028103732.USD","BK4534","LU1074936037.SGD","LU1989772840.SGD","BECN","LU0795875086.SGD","LU1878469433.USD","LU0795875169.SGD","QXO","LU1989772923.USD","LU2089284900.SGD","LU0971096721.USD","LU1668664300.SGD","LU0098860793.USD","LU1363072403.SGD","IE00BKVL7J92.USD","BK4516","LU1732799900.SGD","BK4588","LU0225283273.USD","LU2089283258.USD","LU1169590202.USD","LU2023251221.USD","LU0158827948.USD"],"gpt_icon":0},{"id":"2511312015","title":"Building-Products Distributor QXO Proposes Full Replacement of Beacon's Board","url":"https://stock-news.laohu8.com/highlight/detail?id=2511312015","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511312015?lang=en_us&edition=fundamental","pubTime":"2025-02-13 06:49","pubTimestamp":1739400540,"startTime":"0","endTime":"0","summary":"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.\"If elected, our nominees would give Beacon's shareholders a direct voice in advocating for an independent evaluation of QXO's proposal,\" Chief Executive Brad Jacobs said.Beacon responded to QXO's proposal, stating that the company's board remains open to considering all opportunities to maximize shareholder value.\"QXO's director nominations appear to be an attempt to pressure Beacon's Board into accepting an unchanged offer price that significantly undervalues Beacon's prospects for growth and value creation, which the Board previously rejected,\" the company said.Last month, Greenwich, Conn.-based QXO launched a tender offer to acquire Beacon, valuing the company at $7.7 billion, or roughly $11 bi","market":"fut","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":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BECN","BK4097","BK4104","QXO","LU1169589451.USD","LU1169590202.USD","LU1878469433.USD"],"gpt_icon":0},{"id":"2511539693","title":"BRIEF-Beacon Roofing Supply Inc - Board Will Evaluate Qxo's Director Nomination Notice","url":"https://stock-news.laohu8.com/highlight/detail?id=2511539693","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511539693?lang=en_us&edition=fundamental","pubTime":"2025-02-13 06:40","pubTimestamp":1739400036,"startTime":"0","endTime":"0","summary":"BRIEF-Beacon Roofing Supply Inc - Board Will Evaluate Qxo's Director Nomination NoticeBeacon Roofing Supply Inc BECN.O:BEACON ROOFING SUPPLY INC - BOARD WILL EVALUATE QXO'S DIRECTOR NOMINATION NOTICESource text: ID:nBw7LbNP0aFurther company coverage: BECN.O","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:20250212:nFWN3P323R: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":["BK4097","LU1169590202.USD","BECN","QXO","BK4104","LU1169589451.USD","LU1878469433.USD"],"gpt_icon":0},{"id":"2511553992","title":"Beacon issues statement in response to QXO director nominations","url":"https://stock-news.laohu8.com/highlight/detail?id=2511553992","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511553992?lang=en_us&edition=fundamental","pubTime":"2025-02-13 06:35","pubTimestamp":1739399718,"startTime":"0","endTime":"0","summary":"Beacon (BECN) announced that its board of directors has received notice from QXO (QXO) that QXO has nominated ten individuals to stand for election...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/beacon-issues-statement-in-response-to-qxo-director-nominations?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/the-fly/beacon-issues-statement-in-response-to-qxo-director-nominations?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","LU1878469433.USD","BK4097","LU1169589451.USD","LU1169590202.USD","BK4104","BECN"],"gpt_icon":0},{"id":"2511536048","title":"Beacon Roofing Supply Inc - Board Will Evaluate Qxo's Director Nomination Notice","url":"https://stock-news.laohu8.com/highlight/detail?id=2511536048","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511536048?lang=en_us&edition=fundamental","pubTime":"2025-02-13 06:31","pubTimestamp":1739399506,"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:20250212:nFWN3P323R: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","LU1169589451.USD","BECN","LU1169590202.USD","QXO","BK4104","LU1878469433.USD"],"gpt_icon":0},{"id":"2511539666","title":"Beacon Issues Statement in Response to QXO’s Director Nominations","url":"https://stock-news.laohu8.com/highlight/detail?id=2511539666","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511539666?lang=en_us&edition=fundamental","pubTime":"2025-02-13 06:30","pubTimestamp":1739399400,"startTime":"0","endTime":"0","summary":"Nominations Represent Apparent Attempt to Pressure Beacon’s Board into Accepting an Unchanged Offer Price That Significantly Undervalues Beacon’s Full Intrinsic Value and Prospects for Growth. Follows the Beacon Board’s Unanimous Rejection of QXO’s Unsolicited Tender Offer. Beacon’s Board issued the following statement in response:. Beacon’s Board consists of ten highly qualified directors – nine of whom are independent – who have been critical in overseeing the Company’s successful execution of its Ambition 2025 plan, which generated total shareholder returns of more than 200% during the past five years1 and delivered above market growth and superior financial and operational results, including 11 straight quarters of record net sales.2. QXO’s nominations follow its unsolicited tender offer  to acquire all outstanding shares of Beacon for $124.25 per share in cash, which remained unchanged from its November 11, 2024 proposal that was made public on January 15, 2025. On February 6, 202","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-issues-statement-response-qxo-223000258.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":["BK4104","LU1169590202.USD","QXO","LU1169589451.USD","BECN","BK4097","LU1878469433.USD"],"gpt_icon":0},{"id":"2511538381","title":"QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2511538381","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511538381?lang=en_us&edition=fundamental","pubTime":"2025-02-13 05:15","pubTimestamp":1739394900,"startTime":"0","endTime":"0","summary":"GREENWICH, Conn., Feb. 12, 2025  -- QXO, Inc.  announced today that it has informed Beacon Roofing Supply, Inc.  that it will propose 10 independent director nominees at Beacon’s 2025 Annual Meeting of Shareholders to replace Beacon’s Board of Directors.Sheree Bargabos: Sheree Bargabos served as president, roofing and asphalt for over a decade with Owens Corning , a global manufacturer of building and composite material systems. During her 37-year tenure with the company, she held a variety of leadership roles, including vice president, customer experience, roofing. More recently, Ms. Bargabos was a non-executive director of the board and member of the governance committee of PGT Innovations, Inc. , a manufacturer of high-performance windows and doors, until the company was acquired by MITER Brands in 2024. Since 2018, she has served on the board of Steel Dynamics, Inc. , a leading steel producer in the U.S., where she sits on the audit and c","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/qxo-proposes-full-slate-independent-211500283.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":["CC","PGTI","VAL","EXP","QXO","IE0004086264.USD","LU1169589451.USD","LU0306807586.USD","AVNT","IE00BGHQF417.EUR","IR","DOW","LU1543694498.USD","LU0054578231.USD","LU1721427968.SGD","WHR","BK4597","LU0256863811.USD","LU1303367103.USD","BK4086","UNVR","LU0052756011.USD","LU0985481810.HKD","BK4104","BK4561","FDX","FERG","LU1978683503.SGD","OSK","SWK","OC","IE00BZ1G4Q59.USD","BECN","TT","LU2211814178.USD","LEA","LII","BERY","WTS","LU0251131958.USD","FPH","LU0417517546.SGD","BXC","LU2089279066.USD","LAZ","LU2106854487.HKD","BK4098","BK4585","LU1923621640.USD","LU0238689110.USD"],"gpt_icon":0},{"id":"2510872372","title":"QXO Says Antitrust Regulators Clear Beacon Roofing Supply Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=2510872372","media":"MT Newswires Live","labels":["policyRegulatory","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510872372?lang=en_us&edition=fundamental","pubTime":"2025-02-12 21:46","pubTimestamp":1739367975,"startTime":"0","endTime":"0","summary":"QXO  said Wednesday that US and Canadian antitrust regulators have cleared its acquisition of Beacon Roofing Supply .Brad Jacobs, chairman and chief executive of QXO, called on Beacon to \"remove its shareholder-unfriendly poison pill\" for the benefit of shareholders.QXO said its all-cash tender offer for all Beacon shares of $124.25 per share remains open until midnight ET at the end of Feb. 24, after which it is ready to close the acquisition.Beacon's board last week recommended that shareholders not tender their shares to QXO, saying that QXO's offer \"significantly undervalues the company and its prospects for growth and value creation.\"Beacon didn't immediately respond Wednesday to a request for comment from MT Newswires.QXO shares rose 4.5% in premarket trading, while Beacon was up 0.4%.","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":"policyRegulatory,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["QXO","LU1169589451.USD","LU1169590202.USD","LU1878469433.USD","BK4104","BECN","BK4097"],"gpt_icon":0},{"id":"2510375379","title":"QXO receives antitrust clearance for acquisition of Beacon","url":"https://stock-news.laohu8.com/highlight/detail?id=2510375379","media":"TIPRANKS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510375379?lang=en_us&edition=fundamental","pubTime":"2025-02-12 20:26","pubTimestamp":1739363174,"startTime":"0","endTime":"0","summary":"QXO (QXO) announced that it has obtained antitrust clearance in both the U.S. and Canada for its acquisition of Beacon Roofing Supply (BECN), pavin...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/qxo-receives-antitrust-clearance-for-acquisition-of-beacon?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/the-fly/qxo-receives-antitrust-clearance-for-acquisition-of-beacon?utm_source=itigerup.com&utm_medium=referral","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":"tipranks_highlight","symbols":["BECN","QXO","LU1878469433.USD","LU1169590202.USD","LU1169589451.USD","BK4104","BK4097"],"gpt_icon":0}],"pageSize":16,"totalPage":12,"pageCount":4,"totalSize":189}]}}