Beacon Roofing Seeks Potential Rivals to QXO Takeover Bid

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Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.

Herndon, Va.-based Beacon is seeking to gauge interest from strategic and private equity suitors after QXO’s unsolicited approach was revealed this month, according to the people. Beacon has rejected QXO’s offer of $124.25 a share in cash, sayi…