Building-Products Distributor QXO Launches Hostile Bid for Beacon

Building-products distributor QXO QXO 5.57%increase; green up pointing triangle is taking its all-cash offer to acquire Beacon Roofing Supply directly to shareholders after being rebuffed on several occasions. 

The details 

QXO publicly launched a tender offer to acquire Beacon early Monday, confirming an earlier report by The Wall Street Journal. 

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