Beacon Roofing's Bargaining Power Questioned Amid Talks of QXO Deal -- Market Talk

Dow Jones

Mar 11, 2025

1510 ET - Beacon Roofing Supply may not have had the upper hand the company thought it had when it came to negotiating a deal with QXO, Raymond James analyst Sam Darkatsh says in a research note. "Despite Beacon's Board's prior and repeated assertions that QXO's $124.25 previous offer 'significantly undervalued' the equity, the paltry (read: "face saving") $0.10 increase in per share deal value suggests that the Board increasingly found its bargaining position vs QXO to be weak," he writes. Beacon's weak positioning may have stemmed from its soft 4Q, disappointing 1Q outlook or growing conflict among its board, Darkatsh adds. Beacon shares rise 6.9% and QXO shares slip 1.9% after the companies say they have launched discussions about a potential combination. (connor.hart@wsj.com)

(END) Dow Jones Newswires

March 10, 2025 15:10 ET (19:10 GMT)

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Beacon's weak positioning may have stemmed from its soft 4Q, disappointing 1Q outlook or growing conflict among its board, Darkatsh adds. Beacon shares rise 6.9% and QXO shares slip 1.9% after the companies say they have launched discussions about a potential combination. 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Beacon's weak positioning may have stemmed from its soft 4Q, disappointing 1Q outlook or growing conflict among its board, Darkatsh adds. Beacon shares rise 6.9% and QXO shares slip 1.9% after the companies say they have launched discussions about a potential combination. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 10, 2025 15:10 ET (19:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1169589451.USD","symbol_name":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518204343","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518204343","pubTimestamp":1741633800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1510 ET - Beacon Roofing Supply may not have had the upper hand the company thought it had when it came to negotiating a deal with QXO, Raymond James analyst Sam Darkatsh says in a research note. \"Despite Beacon's Board's prior and repeated assertions that QXO's $124.25 previous offer 'significantly undervalued' the equity, the paltry  $0.10 increase in per share deal value suggests that the Board increasingly found its bargaining position vs QXO to be weak,\" he writes. Beacon's weak positioning may have stemmed from its soft 4Q, disappointing 1Q outlook or growing conflict among its board, Darkatsh adds. Beacon shares rise 6.9% and QXO shares slip 1.9% after the companies say they have launched discussions about a potential combination. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","QXO":"QXO Inc","BK4234":"特殊用途房地产信托","BK4097":"系统软件","PW":"Power REIT","BECN":"Beacon Roofing Supply","BK4084":"特种房地产投资信托","BK4104":"贸易公司与经销商","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC"},"translate_title":"Beacon Roofing的议价能力在QXO交易谈判中受到质疑——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":0.6,"BECN":0.6,"QXO":0.6},"content_text":"1510 ET - Beacon Roofing Supply may not have had the upper hand the company thought it had when it came to negotiating a deal with QXO, Raymond James analyst Sam Darkatsh says in a research note. \"Despite Beacon's Board's prior and repeated assertions that QXO's $124.25 previous offer 'significantly undervalued' the equity, the paltry (read: \"face saving\") $0.10 increase in per share deal value suggests that the Board increasingly found its bargaining position vs QXO to be weak,\" he writes. Beacon's weak positioning may have stemmed from its soft 4Q, disappointing 1Q outlook or growing conflict among its board, Darkatsh adds. Beacon shares rise 6.9% and QXO shares slip 1.9% after the companies say they have launched discussions about a potential combination. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 10, 2025 15:10 ET (19:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}