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 Board Contemplates Sale of Business
Four activist investors representing 25 percent of Forward's shares have publicly called on the company to explore strategic alternatives.
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 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 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.
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Forward Air Probes Sale, Merger, Divestment Options
Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
Forward Air Co. (NASDAQ:FWRD) Given Consensus Rating of “Hold” by Brokerages
Forward Air Co. (NASDAQ:FWRD – Get Free Report) has received a consensus rating of “Hold” from the five ratings firms that are covering the stock, MarketBeat.com reports. Four equities research ...
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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 ...
Benchmark Co. Keeps Their Hold Rating on Forward Air (FWRD)
In a report released yesterday, Christopher Kuhn from Benchmark Co. maintained a Hold rating on Forward Air (FWRD – Research Report). The ...