BRIEF-Forward Air Announces Board Review Of Strategic Alternatives To Maximize Shareholder Value

Reuters

2025/01/06

Jan 6 (Reuters) - Forward Air Corp :

* 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: Further company coverage:

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

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