Forward Air revises Q1 24 Ebitda calculation
PRESS RELEASE 27/06/2024 Consolidated EBITDA Increases from $300 Million to $324 Million Following Addition of Allowable Addbacks GREENEVILLE, ...
Monday 22 January was eventful for the core shareholders of Forward Air (FWRD) as well as M&A arbitrageurs, the speculators.
Out of the gate, FWRD rallied hard on the stock market as some sort of settlement was thought to have been reached, one possibly leading, based on the available information, to the end of the combination with private equity-owned Omni Logistics.
That was Mr Market’s first take too, judging by the stock price reaction.
Forward Air’s value rose +19.2% from open to peak, ...
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