financetom
Business
financetom
/
Business
/
Beacon Roofing adopts poison pill after QXO's hostile bid
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Beacon Roofing adopts poison pill after QXO's hostile bid
Jan 28, 2025 4:55 AM

Jan 28 (Reuters) - Beacon Roofing Supply ( BECN ) said

on Tuesday it has adopted a limited duration stockholder rights

agreement, commonly known as a poison pill, following QXO's

hostile bid.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Berkshire profit rises, cash soars to record
Berkshire profit rises, cash soars to record
Nov 1, 2025
(Reuters) -Berkshire Hathaway ( BRK/A ) on Saturday reported a 34% increase in quarterly operating profit, helped by improved underwriting in its insurance operations, in its last financial report before Warren Buffett bows out as chief executive. Buffett's conglomerate also signaled it remained cautious about markets and valuations, ending September with a record $381.7 billion of cash and equivalents and...
Hometown Financial Group Completes Acquisition of CFSB Bancorp, Inc.
Hometown Financial Group Completes Acquisition of CFSB Bancorp, Inc.
Nov 1, 2025
Welcomes Colonial Federal Savings Bank into North Shore Bank EASTHAMPTON, Mass. and PEABODY, Mass., Nov. 1, 2025 /PRNewswire/ -- Hometown Financial Group, Inc., the multibank mutual holding company for bankESB, bankHometown, North Shore Bank, and Abington Bank, a division of North Shore Bank, has completed its acquisition of CFSB Bancorp, Inc., the bank holding company for Colonial Federal Savings...
Brazil's Azul reaches deal with unsecured creditors in Chapter 11 proceeding
Brazil's Azul reaches deal with unsecured creditors in Chapter 11 proceeding
Nov 1, 2025
RIO DE JANEIRO (Reuters) -Brazilian airline Azul ( AZULQ ) reached a settlement with unsecured creditors, advancing its financial restructuring after having filed for Chapter 11 protection in May, the firm said on Saturday. The settlement represents a significant step in Azul's ( AZULQ ) Chapter 11 process, as it provides a clear path forward for the firm, it said...
Berkshire profit rises, cash soars to record
Berkshire profit rises, cash soars to record
Nov 1, 2025
Nov 1 (Reuters) - Berkshire Hathaway ( BRK/A ) on Saturday reported a 34% increase in quarterly operating profit, helped by improved underwriting in its insurance operations, in its last financial report before Warren Buffett bows out as chief executive. Buffett's conglomerate also signaled it remained cautious about markets and valuations, ending September with a record $381.7 billion of cash...
Copyright 2023-2026 - www.financetom.com All Rights Reserved