Beacon issues statement in response to qxo's second extension of unsolicited tender offer

Herndon, va.--(business wire)--beacon (nasdaq: becn) (the “company”) today issued the following statement regarding qxo, inc.'s (nyse: qxo) second extension of its unsolicited tender offer to acquire all outstanding shares of beacon common stock for $124.25 per share in cash (the “offer”): for a second time, qxo has extended an offer that represents an opportunistic attempt to take advantage of the current macro environment and acquire beacon at a discount to its intrinsic value for the benefit.
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