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Stock Market & Financial Investment News

News Breaks
March 4, 2013
09:16 EDTFWRDForward Air acquires Total Quality for $66M plus earn-out of up to $5M
Forward Air Corporation announced that it has acquired Total Quality, a provider of maximum security and temperature-controlled services to the pharmaceutical and life science industries. The purchase price was $66M plus an earn-out of up to $5M based upon TQIs performance in 2013 and 2014. TQI was acquired on a cash free, debt free basis with an adjustment for working capital. The transaction will be funded by Forward Airs cash reserves and is expected to be accretive to its 2013 earnings.
News For FWRD From The Last 14 Days
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December 11, 2014
10:13 EDTFWRDOn The Fly: Analyst Initiation Summary
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06:30 EDTFWRDForward Air initiated with a Neutral at Macquarie
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