--- title: "QXO Stepping Up Efforts to Win Over Beacon Roofing Supply Shareholders to Buyout" description: "QXO is intensifying efforts to convince Beacon Roofing Supply shareholders to accept its $124.25-per-share buyout offer, claiming that Beacon's board is misrepresenting the deal and undervaluing it. B" type: "news" locale: "en" url: "https://longbridge.com/en/news/227772330.md" published_at: "2025-02-10T16:09:07.000Z" --- # QXO Stepping Up Efforts to Win Over Beacon Roofing Supply Shareholders to Buyout > QXO is intensifying efforts to convince Beacon Roofing Supply shareholders to accept its $124.25-per-share buyout offer, claiming that Beacon's board is misrepresenting the deal and undervaluing it. Beacon's board has recommended rejecting the bid, stating it undervalues the company. QXO argues that its offer is in the best interest of shareholders and urges the board to allow them to decide their financial future. In recent trading, QXO shares rose nearly 3%, while Beacon shares fell 0.2%. QXO on Monday continued its push to persuade Beacon Roofing Supply shareholders to accept its $124.25-per-share buyout offer, arguing that Beacon's board is misrepresenting aspects of the deal and undervaluing the proposal. Last week, Beacon's board reiterated its recommendation that shareholders reject QXO's bid, stating the offer "significantly undervalues the company and its prospects for growth and value creation." QXO, which went public with its $11 billion all-cash offer on Jan. 15 before launching a formal tender offer nearly two weeks later, pushed back in an open letter to Beacon shareholders, saying, "QXO's offer is clear, compelling, and in shareholders' best interest. It is time for Beacon's Board to stop obstructing shareholders and let them decide their own financial future." Beacon did not immediately respond to a request from MT Newswires seeking comment about QXO's most recent remarks. QXO shares were up nearly 3% in recent trading while Beacon shares were 0.2% lower. ### Related Stocks - [BECN.US - Beacon Roofing](https://longbridge.com/en/quote/BECN.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Beacon Capital Management LLC Lowers Stake in Invesco QQQ $QQQ | Beacon Capital Management LLC has reduced its stake in Invesco QQQ by 2.9% in Q3, now holding 124,382 shares valued at $ | [Link](https://longbridge.com/en/news/276108824.md) | | LaFleur Minerals Progressing Towards Gold Pour at Beacon Gold Mill in Val-d'Or, Québec \| LFLRF Stock News | LaFleur Minerals Inc. is advancing its Beacon Gold Mill restart plans in Val-d'Or, Québec, with significant refurbishmen | [Link](https://longbridge.com/en/news/276236733.md) | | First Northern Bank Acquires Beacon Wealth Strategies \| RJF Stock News | First Northern Bank has acquired Beacon Wealth Strategies, enhancing its wealth management services. Tom Cicchini, found | [Link](https://longbridge.com/en/news/276154238.md) | | Top Insider Just Boosted Stake in Regional Bank Stock | Director Jean-Luc Servat of First Northern Community Bancorp (FNRN) increased his stake by purchasing 1,463 shares value | [Link](https://longbridge.com/en/news/276403388.md) | | 09:30 ETLightkeeper Launches "Lightkeeper Beacon" To Deliver Verifiable AI Answers to Institutional Investment Data | Lightkeeper has launched "Lightkeeper Beacon," a tool that allows investment professionals to ask portfolio analytics qu | [Link](https://longbridge.com/en/news/276240503.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.