Serial dealmaker Brad Jacobs has prevailed in a hostile $11bn takeover of a roofing supply company, which he plans to use as a vehicle for an acquisition binge with the backing of investors including ...
Logistics entrepreneur Brad Jacobs has closed his first deal in the building products sector with the purchase of Beacon ...
The agreement ends months of back-and-forth between the companies and avoids a full-blown hostile takeover battle. QXO will pay $124.35 per share in cash for Herndon, Va.-based Beacon after a ...
Virginia-based Beacon rejected the offer, which prompted QXO CEO Brad Jacobs to approach Beacon's shareholders directly in a hostile takeover attempt. Following this, Beacon had asked shareholders ...