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Beacon Roofing (BECN) ALERT: Johnson Fistel Investigates Proposed Sale of Beacon Roofing; Is $124.35 a Fair Price for Shareholders?

1. Johnson Fistel launched an investigation into BECN's merger with QXO. 2. BECN's board may have breached fiduciary duties during the merger process. 3. QX Inc. will acquire BECN for $124.35 per share in cash. 4. An analyst has set a $140 target price for BECN shares. 5. The investigation questions if the offered price is adequate compensation.

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FAQ

Why Neutral?

While the merger price exceeds current values, the investigation raises potential risks. Historical investigations often lead to volatility, making immediate impacts ambiguous.

How important is it?

The ongoing investigation could alter perceptions of the merger's fairness, impacting shareholder sentiment and stock performance. The disparity between the acquisition price and analyst target creates uncertainty.

Why Short Term?

The investigation's outcomes will be realized in the short term as developments unfold. If significant issues arise, immediate reactions from shareholders could alter share price swiftly.

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QXO
SAN DIEGO, March 20, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Beacon Roofing Supply, Inc. (NASDAQ: BECN) breached their fiduciary duties in connection with the proposed sale of the Company to QXO, Inc. (NYSE: QXO). On March 20, 2025, Beacon Roofing announced that it had signed a definitive merger agreement with QXO. Under the terms of the agreement, QXO will acquire all the outstanding shares of Beacon Roofing’s common stock for $124.35 per share in cash. The investigation concerns whether the Beacon Roofing board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Beacon Roofing shares of common stock. Nationally recognized Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given one Wall Street analyst has a $140 price target on the stock. About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Achievements: In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs’ securities law firm in the United States, as determined by the total dollar value of final recoveries. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, PLLP 501 W. Broadway, Suite 800, San Diego, CA 92101 James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471 jimb@johnsonfistel.com or fjohnson@johnsonfistel.com 

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