Forward Air to Close Acquisition of Omni Logistics
Companies to Amend Terms of Merger Agreement and Resolve All Outstanding Litigation
Combined Company Will Create Category Leader in Expedited LTL
DALLAS, Jan. 22, 2024 /PRNewswire/ — Omni Logistics, LLC (“Omni”) today announced an agreement with Forward Air (NASDAQ: FWRD) (“Forward”) to amend the terms of the existing merger agreement relating to their previously announced transaction. This agreement resolves the litigation between the parties, and the two companies are targeting a transaction close by the end of the week.
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