Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.
January 28, 2025BusinessEquipmentPrivateTop 100
Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO
Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
January 24, 2025Business
Jacobs Names New Company QXO, Dealing in Building Materials
Brad Jacobs,聽the executive chairman of less-than-truckload carrier XPO Inc.,聽announced on Dec. 11 he plans to target the building products industry in his latest business venture.
December 11, 2023Top 50
XPO鈥檚 Brad Jacobs Assesses Economy, Trucking in Shareholder Letter
XPO Logistics Chairman and CEO Brad Jacobs tells shareholders in a letter why he thinks the U.S. economy is primed for a big rebound.
April 14, 2021BusinessLogistics
Teamsters Call for XPO Logistics to Separate Board Chairman, CEO Roles
Days before XPO Logistics Inc. plans to hold its annual shareholder meeting on May 15, the International Brotherhood of Teamsters is urging that the company鈥檚 board chairman be an independent director and that the chairman and CEO positions be split in two.
May 7, 2019BusinessLogistics
E-Commerce Powers XPO鈥檚 Rise to Record Revenue, Profits in Third Quarter
XPO Logistics reported profits skyrocketed 316% year-over-year in the third quarter, marking the eighth consecutive quarter in which the company surpassed year-ago levels.
November 1, 2017BusinessLogistics
XPO Logistics Poised to Pursue Acquisitions Again
XPO Logistics Inc.鈥檚 CEO is on the hunt for takeover targets again after taking a two-year pause.
July 3, 2017