QXO, Inc.'s $11B offer to acquire Beacon was rejected as “undervalued.” The high-stakes bid could reshape the building materials sector with a looming proxy fight possible. Who will prevail in this corporate chess match? A news analysis.
QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.
Learn how your business can join forces with other companies and agencies to lend a hand in a crisis from the leaders at Antis Roofing and Waterproofing.
The wildfires in Los Angeles County, Calif., underscore the rising year-round risks of an expansive Wildland-Urban interface, making fire-resistant roofing underlayments essential for protecting homes from embers and intense heat.
A Florida appeals court ruled that a “Direction to Pay” agreement is not an Assignment of Benefits, emphasizing efforts to curb AOB misuse, reduce litigation, and stabilize rising insurance costs.