Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it undervalues the company.
Jeff Clabaugh is a Business Reporter at WTOP. With over 20 years of experience, he covers the Washington region's economy and financial markets, focusing on topics such as real estate, aviation, and workforce issues. Jeff's work has been featured in The Washington Post, Rappahannock Media/InsideNoVa, The Rappahannock News, and WTOP News.