Activist Investor Ancora to Launch Proxy Fight at Forward Air - wsj.com -BoardProspects

Activist Investor Ancora to Launch Proxy Fight at Forward Air

wsj.com Feb 9 2021 BoardNews

An activist investor is preparing to launch a proxy fight at trucking and logistics company Forward Air Corp. Ancora Holdings Inc. plans to nominate four directors to Forward Air’s 10-person board, including the company’s founder and its former chief financial officer, according to people familiar with the matter. The group holds a combined 6.3% stake in the Greeneville, Tenn., company, the people said...
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