Brief: Forward Air Announces Board Review Of Strategic Alternatives To Maximize Shareholder Value

Forward Air (Delaware)

06/01/2025 13:47

Jan 6 (Reuters) - Forward Air Corp  FWRD.O :
    * FORWARD AIR ANNOUNCES BOARD REVIEW OF STRATEGIC
ALTERNATIVES TO
MAXIMIZE SHAREHOLDER VALUE
    * FORWARD AIR CORP - REDUCES REVOLVING CREDIT FACILITY
COMMITMENTS
TO $300 MILLION
    * FORWARD AIR CORP - BOARD TO CONSIDER SALE, MERGER OR OTHER
STRATEGIC TRANSACTION
    * FORWARD AIR CORP - REITERATES 2024 CONSOLIDATED EBITDA
GUIDANCE
OF $300 MILLION TO $310 MILLION
    * FORWARD AIR CORP: IN Q4 OF 2024, CO TOOK ADDITIONAL STEPS
TO
REDUCE OPERATING EXPENSES, INCLUDING A REDUCTION IN WORKFORCE

Source text:  urn:newsml:reuters.com:*:nBw19LX2Ba
Further company coverage:  FWRD.O 

 ((Reuters.Briefs@thomsonreuters.com;))