'Forward Air retains investment bankers to sell company, sources say' - Forward Air
Portfolio Pulse from Benzinga Newsdesk
Forward Air, an expedited trucking company, is reportedly moving forward with a sales process by retaining investment bankers to sell the company.
October 17, 2024 | 7:52 pm
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POSITIVE IMPACT
Forward Air is reportedly in the process of selling the company by retaining investment bankers, indicating a potential acquisition or merger.
The news of Forward Air retaining investment bankers to sell the company suggests a significant corporate action, likely an acquisition or merger. This could lead to a positive short-term impact on the stock price as investors anticipate potential buyout offers.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100