A second round of buyout bids for Forward Air Corporation is anticipated to be due in September, according to reports on August 18, 2025. This update provides a timeline for the ongoing strategic review and potential sale process that the company initiated earlier in the year.
The expectation of further bids indicates continued interest from potential acquirers, following initial expressions of interest and submissions from multiple private equity firms. This phase suggests the sales process is progressing towards a potential definitive agreement.
Investors are closely monitoring these developments as the outcome of the strategic review could significantly impact the company's future ownership and valuation. The September deadline for bids marks a critical juncture in the process.
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