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(Reuters) -Billionaire Brad Jacobs on Monday took his QXO $11 billion takeover offer for Beacon Roofing to shareholders, after North America's largest publicly traded distributor of roofing materials ...
U.S.-based billionaire Brad Jacobs’ firm QXO (QXO) has secured a $11 billion deal to acquire Beacon Roofing Supply (BECN) after months-long saga. The transaction has received unanimous approval ...
(Reuters) -Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion in cash and said it will proceed with a hostile takeover if ...
Virginia-based Beacon rejected the offer, which prompted QXO CEO Brad Jacobs to approach Beacon's shareholders directly in a hostile takeover attempt. Following this, Beacon had asked shareholders to ...
Brad Jacobs’ QXO has a non-investment-grade debt rating in its first review by the two biggest ratings agencies. The post Brad Jacobs’ QXO gets initial debt ratings as first big acquisition ...
“Our all-cash proposal to acquire GMS for $95.20 per share delivers immediate and certain value to GMS shareholders at a meaningful premium,” said Brad Jacobs, Chairman and Chief ...
QXO has announced the appointment of Michael DeWitt as the company's new Chief Procurement Officer, joining the company from ...