FREIGHTWAVES reports:
A Tennessee court extended a temporary restraining order blocking Forward Air’s planned merger with freight forwarder Omni Logistics on Wednesday. The court will decide in the next 15 days if injunctive relief is warranted, which could set the stage for a hearing to determine if shareholders have the right to vote on the transaction.
The 3rd District Chancery Court in Greeneville, Tennessee, where Forward is headquartered, first issued the temporary restraining order at the …
The post FW: Court extends temporary order blocking Forward Air-Omni deal appeared first on The Loadstar.
