Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover - Barron's
1. Beacon Roofing Supply's stock rose 10% following QXO's $11 billion acquisition bid. 2. XO offered $124.25 cash per share, suggesting investor discontent with BECN's board actions. 3. CEO Brad Jacobs criticized Beacon's board for anti-shareholder actions hindering negotiations.