At liquidation value: M&A mongrel Forward Air – how exciting!
Let’s go for a stroll
There’s a piece of advice from the Bible – ’Give to Caesar what belongs to Caesar, and to God what belongs to God’ – that perfectly fits the current Forward Air siege in the wake of forceful statements released by activist investor Ancora* yesterday, 17 October.
(*In full: Ancora Holdings Group. The same Ancora that has skin in the CH Robinson game.)
One of the top five shareholders attacked the CEO of Forward Air, Tom Schimtt, labelling him as “Chief Value Destroyer” (creativity ...
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