SA: Forward Air gains on report lawsuit with Omni Logistics settled

acquisition © Mr.phonlawat Chaicheevinlikit

© Mr.phonlawat Chaicheevinlikit

By LoadstarEditorial

22/01/2024

SEEKING ALPHA reports:

Forward Air (NASDAQ:FWRD) quickly jumped 13% after a report that its lawsuit with Omni Logistics was settled.

The case has been settled, according to a posting on X from an editor-at-large at FreightWaves…

The full post is here.

(Developing story: stock up only +5.7% to $54 at the time of publishing…)

PS: Published by FreightWaves, now read: “Forward Air, Omni reach settlement; merger to close soon“… stock story update: +1.7% to $52 at 12 noon EST.

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Forward Air Omni Logistics Seeking Alpha M&A radar private equity

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