DB Schenker's Future Comes Down to Two-firm Bidding War [Yahoo! Finance]
Forward Air Corporation (FWRD)
Last forward air corporation earnings: 4/30 04:27 pm
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US:NASDAQ Investor Relations:
forwardair.gcs-web.com/investor-overview
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Source: Yahoo! Finance
Denmark-based freight forwarder DSV and a private equity consortium led by CVC Capital Partners put in individual bids to acquire the company from European railway Deutsche Bahn for 14 billion euros ($15.6 billion), according to separate reports from Bloomberg and Reuters. More from Sourcing Journal Canada Enforces Arbitration in Rail Labor Dispute, Trains to Resume 'Within Days' Labor Battle Shuts Down Canada's Railroads, Leaving Supply Chain at Standstill Activist Investor Calls for Forward Air to Consider Sale The CVC-led group also simultaneously submitted an offer of as much as 16 billion euros ($17.9 billion) that would include 3 billion euros ($3.4 billion) from the German government. That investment would give the government a roughly 25 percent stake in DB Schenker. Deutsche Bahn is currently evaluating both final offers and needs to discuss CVC's proposal with the government, according to both reports. A decision expected in the coming weeks, according to Reuter
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FWRD
News
- Story of the year … so far [Yahoo! Finance]Yahoo! Finance
- Forward Air Co. (NASDAQ: FWRD) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Forward Air names new chief commercial officer [Yahoo! Finance]Yahoo! Finance
- Forward Air Announces New Chief Commercial Officer [Yahoo! Finance]Yahoo! Finance
- Forward Air Announces New Chief Commercial OfficerBusiness Wire
FWRD
Earnings
- 11/4/24 - Miss
FWRD
Sec Filings
- 11/8/24 - Form 424B3
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- FWRD's page on the SEC website