Feb 6 (Reuters) - Beacon Roofing Supply ( BECN ) said on

Thursday its board had recommended shareholders reject QXO's

tender offer to acquire all outstanding shares of the

company for $124.25 per share in cash.

"QXO has failed to improve its first and only proposal,

which the Board determined significantly undervalues the company

and our prospects for growth and value creation," Beacon's board

chair Stuart Randle said in a statement.

The roofing solutions provider had previously adopted a

poison pill to prevent a hostile takeover by QXO.

QXO's chief executive and billionaire Brad Jacobs had taken

the tender offer directly to Beacon Roofing's shareholders in

January, after the distributor of roofing materials repeatedly

rebuffed his $11 billion takeover offer.