Title: QXO Makes Unsolicited Bid for Beacon After Previous Rejections

Summary: QXO announced a shareholder offer for Beacon after the company's board declined multiple acquisition proposals.

QXO, a building-products distributor, announced an offer to acquire Beacon directly to shareholders following rejections from Beacon's board of directors. The bid was made public after QXO's previous acquisition proposals were declined. Beacon's board has not yet responded to the shareholder offer. The terms of the proposed acquisition have not been disclosed.

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