CL King Upgrades Beacon Roofing Supply (BECN) to Buy
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Beacon Roofing Supply to Acquire Roofing Supply Group from Clayton, Dubilier & Rice for $1.1 Billion in Cash and Stock
July 27, 2015 7:30 AM EDTCombined Company Expected to Generate Approximately $3.7 Billion in Revenue Across 356 Locations
Significantly Expands Beacons Geographic Footprint in Southern and Western United States
$50 Million in Expected Annual Run-Rate Synergies
Immediately Accretive to Adjusted EPS and Provides Significant Tax Attributes
HERNDON, Va. and DALLAS, Tx.--(BUSINESS WIRE)-- Beacon Roofing Supply, Inc. (Nasdaq: BECN) (Beacon), the largest publicly-traded distributor of residential and commercial roofing materials and complementary building products in the United States, today announced that it has entered into a... More
