06:25 EDT Beacon (BECN) jumps 7% to $119.01 after confirming merger talks with QXO (QXO)
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Read More on BECN:
- QXO, Beacon confirm discussions about potential combination
- Beacon acquires sealants, waterproofing firm DM Figley Company, no terms
- Beacon says QXO offer remains ‘opportunistic attempt to take advantage’
- Beacon price target lowered to $130 from $136 at BMO Capital
- QXO extends tender offer to acquire Beacon Roofing Supply for $124.25 per share