Herndon’s Beacon Roofing rejects $11B hostile takeover – WTOP News
Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it undervalues the company. Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid, saying it undervalues the company. Beacon Roofing, a Fortune 500 company, has grown significantly in recent years through its own acquisitions of…