Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid
Brad Jacobs’ QXO Says It Is ‘Prepared to Take All Necessary Steps to Complete This Transaction’
(Beacon Roofing Supply)
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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, Va.-based Beacon said in a statement on Jan. 28 that it is enacting a stockholder rights agreement to prevent an…
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