Forward Air exploring potential sale, merger
Forward Air has felt pressure from shareholders since its clumsy acquisition of logistics service provider Omni Logistics last January.
Forward Air to explore alternatives, including sale
U.S.-based freight forwarding company Forward Air said on Monday its board had initiated a comprehensive review of strategic options including a merger or a sale of the company. The move comes nearly five months after activist investor Ancora Holdings reportedly urged Forward Air to consider a sale,
Forward Air initiates review of strategic alternatives
Forward Air (FWRD) announced that its board of directors has initiated a review of strategic alternatives. The board will consider a range of
Forward Air Board Conducts Business Review, Considers Sale
Forward Air said its board of directors has initiated a review of the business and will consider options including a sale of the company. The Greenville, Tenn., expedited trucker on Monday said that the board will also consider other options, such as a merger to boost shareholder value.
Forward Air considers sale
US transport company Forward Air is considering a a potential sale or merger as part of a review of its financial performance and value. The Forward Air
Forward Air Board Begins Review Of Strategic Alternatives
Forward Air (FWRD) said its Board has initiated a comprehensive review of strategic alternatives to maximize shareholder value. The
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Forward Air’s board exploring options, may sell company
Forward Air said Monday its board has initiated a strategic review, which potentially includes selling the company or entering a merger agreement. The update comes after months of public criticism ...
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Forward Air Corporation (FWRD)
GREENEVILLE, Tenn., December 18, 2024--Forward Air Corporation (NASDAQ: FWRD) ("Forward") announced today the release of its updated Environmental, Social and Governance (ESG) report, providing ...
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Forward Air: Issues Remain And Valuation Is Stretched (Rating Downgrade)
Forward Air's stock downgraded to sell due to underwhelming results, high financial risks, and tight debt covenants, with a new target price of $22 per share. The Omni merger has failed to meet ...
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Forward Air President, COO Ruble to Leave Company
Forward Air's president and chief operating officer, Chris Ruble, is leaving his roles. The Greenville, Tenn., expedited trucker said in a regulatory filing Friday that Ruble's departure was a ...
Forward Air backs FY24 consolidated EBITDA view $300M-$310M
The company said, “As previously announced, Forward expects full year 2024 Consolidated EBITDA, a non-GAAP measure pursuant to the Credit ...
Franklin Resources Inc. Purchases New Stake in Forward Air Co. (NASDAQ:FWRD)
Franklin Resources Inc. acquired a new position in shares of Forward Air Co. (NASDAQ:FWRD – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange ...