The poison pill kicks in when a person or group acquires a 15% interest in Beacon (NASDAQ:BECN), according to a statement from the company on Tuesday. The move comes after QXO on Monday launched a ...
Jan 28 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through ...
(Bloomberg) -- Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc. Herndon, Virginia-based ...
QXO announced the company would extend its tender offer to acquire Beacon shares, which the company has rejected.
Both companies also acknowledged how many Beacon shares have been tendered as of Feb. 24 and gave opposing views on what it ...
Investing.com -- Beacon Roofing Supply announced on Tuesday that its board of directors has adopted a limited-duration stockholder rights agreement, often referred to as a "poison pill," in ...
Beacon Roofing (NASDAQ:BECN) adopted a poison pill after QXO Inc. on Monday announced an $11 billion hostile bid for the building products company. The poison pill kicks in when a person or group ...
QXO, Inc. (NYSE: QXO) announced today it is extending its all-cash tender offer to acquire all outstanding shares of Beacon ...
(Reuters) -Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO. The defense ...