Beacon Roofing Supply INC

QXO Building Products, Inc. finalizes its merger with QXO, Inc., securing new financing facilities and initiating the process of delisting from the Nasdaq Global Select Market.

Beacon Roofing Supply reports preliminary Q1 2025 financial results, showing a decrease in net sales and adjusted EBITDA, amidst an ongoing acquisition by QXO, Inc.

James J. Gosa resigned as Executive Vice President and Chief Commercial Officer of Beacon Roofing Supply, Inc., effective immediately on March 20, 2025.

Beacon Roofing Supply enters into an agreement with QXO, Inc. for acquisition at $124.35 per share, amending a previous tender offer and stockholder rights agreement.

QXO, Inc. will acquire Beacon Roofing Supply, Inc. for $124.35 per share in cash, valuing the company at approximately $11 billion including debt.

Beacon Roofing Supply announced record fourth quarter and full year net sales, along with strong net income and the highest adjusted EBITDA in the company's history.

Beacon Roofing Supply's Q1 2025 results reflect a slight decrease in net sales and a net loss, impacted by costs associated with the pending merger with QXO.

Beacon Roofing Supply's Q3 2024 results show a net income of $145.3 million, despite a decrease compared to the previous year.

Beacon Roofing Supply's second quarter saw a revenue increase driven by acquisitions and organic growth, but was offset by higher operating expenses and a decrease in gross margin.

Beacon Roofing Supply's first quarter saw a revenue increase driven by volume growth, but gross margins contracted slightly and net income decreased year-over-year.

Beacon Roofing Supply files an amendment to its annual report to include Part III information and updates related to a merger agreement with QXO, Inc.

Beacon Roofing Supply's 2024 results show revenue growth and strategic advancements despite facing an unsolicited acquisition proposal from QXO, Inc.

Beacon Roofing Supply's 2023 10-K filing reveals a year of strategic growth, marked by acquisitions, greenfield expansions, and capital returns to shareholders, alongside detailed financial performance and risk assessments.

Director Robert M. McLaughlin reports the disposition of shares and restricted stock units (RSUs) of QXO Building Products, Inc. following the merger with Queen MergerCo, Inc., a subsidiary of QXO, Inc.

Director Douglas Young reports the disposal of common stock and restricted stock units (RSUs) due to the merger between QXO, Inc. and Beacon Roofing Supply, Inc.

Director Stuart A. Randle reports the disposal of common stock and restricted stock units (RSUs) due to the merger between QXO, Inc. and Beacon Roofing Supply, Inc., resulting in a cash payment of $124.35 per share/RSU.

Director Earl Newsome reports the conversion of vested and unvested Restricted Stock Units (RSUs) into cash following the merger of Beacon Roofing Supply, Inc. with a subsidiary of QXO, Inc.

Director Racquel Harris Mason reports the conversion of vested and unvested Restricted Stock Units (RSUs) into cash following the merger of Beacon Roofing Supply, Inc. with a subsidiary of QXO, Inc.

Director Barbara Fast reports the conversion of vested and unvested Restricted Stock Units (RSUs) into cash following the merger of Beacon Roofing Supply, Inc. with a subsidiary of QXO, Inc.

Beacon Roofing Supply acknowledges ongoing discussions with QXO regarding a potential acquisition at $124.35 per share in cash, while emphasizing business continuity and shareholder value maximization.

QXO, Inc. has offered to acquire Beacon Roofing Supply, Inc. for $124.35 per share in cash, valuing the deal at approximately $11 billion.

Beacon Roofing Supply reiterates its rejection of QXO's extended tender offer, deeming it an opportunistic attempt to undervalue the company.

Beacon Roofing Supply's board unanimously rejects QXO's $124.25 per share tender offer, deeming it inadequate and not in the best interest of shareholders.

Beacon Roofing Supply reaffirms its rejection of QXO's unsolicited tender offer, deeming it undervalues the company and its growth prospects, and encourages shareholders to withdraw any tendered shares.

Beacon Roofing Supply's board of directors is strongly advising shareholders to reject QXO's tender offer, believing it undervalues the company and its growth prospects.