Forward Air shareholders OK conversion of Omni's shares to voting stock [Yahoo! Finance]
Forward Air Corporation (FWRD)
Last forward air corporation earnings: 4/30 04:27 pm
Check Earnings Report
US:NASDAQ Investor Relations:
forwardair.gcs-web.com/investor-overview
Company Research
Source: Yahoo! Finance
a merger between the two companies . That shareholder group, which mainly consists of Omni's private equity backers, will now hold roughly 14 million shares, or 35% of the voting common equity. A Tuesday filing with the Securities and Exchange Commission also showed that Forward's ( NASDAQ: FWRD ) shareholders elected the 12-person slate of director nominees recommended by the board. That group includes three directors designated by Omni's financial backers: Ridgemont Equity Partners and EVE Partners. The company's annual shareholder meeting was held on Monday. A May 15 class action complaint against Forward claims its management team and board circumvented shareholder input by not calling for their vote ahead of the merger's closing. Forward has said the transaction's structure, which included less than a 20% shift in voting control at closing, didn't require a vote according to Tennessee law where it is domiciled. Shareholders represented in that complaint also say they had
Show less
Read more
Impact Snapshot
Event Time:
FWRD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FWRD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FWRD alerts
High impacting Forward Air Corporation news events
Weekly update
A roundup of the hottest topics
FWRD
News
- TFI acquires food-grade tank hauler [Yahoo! Finance]Yahoo! Finance
- Forward Air Cuts Staff in Post-Merger Restructuring [Yahoo! Finance]Yahoo! Finance
- Check Call: Mo' money, mo' problems for brokers [Yahoo! Finance]Yahoo! Finance
- Forward Air cuts workforce as it navigates post-merger landscape [Yahoo! Finance]Yahoo! Finance
- Forward Air's board rewarded for destroying shareholder value [Yahoo! Finance]Yahoo! Finance
FWRD
Earnings
- 5/8/24 - Miss
FWRD
Sec Filings
- 6/17/24 - Form S-8
- 6/13/24 - Form SC
- 6/10/24 - Form S-1
- FWRD's page on the SEC website