From Yahoo Finance: 2025-06-13 17:04:00

Private equity firms like Blackstone and Apollo Global Management are interested in acquiring U.S. trucker Forward Air, with initial bids due in July. Shares have plummeted from $121 to $20, but enterprise value is around $2.5 billion. Investors see growth potential despite struggles after a controversial acquisition in 2024. Activist investor Ancora Holdings successfully removed three directors blamed for stalling the sales process.



Read more at Yahoo Finance: US trucker Forward Air attracts takeover interest from buyout firms, sources say