How a Trucking Company Ran Over Its Own Stock

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Forward Air’s shareholders are enraged after the boss agreed to a merger that forces them to vote for their own dilution. Executives have snapped up $2.3 million in shares to show their faith in the deal.

Forward Air’s shareholders are enraged after the boss agreed to a merger that forces them to vote for their own dilutionShares in trucking company Forward Air are down 40% in value following the announcement of a merger with Omni Logistics. PHOTO: DAKOTA SMITH/ALAMY

It isn’t often that relations between investors and a company get so strained that the stock falls almost 40%. But using financial engineering to deny shareholders a vote in a huge, controversial merger that dilutes their stake will do the trick.Continue reading your article with

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 98. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Serenity Shield Wins 'Best Technology Company' at the 6th Annual Burj CEO AwardsSerenity Shield, a front-runner in technological innovation and disruptive solutions, proudly announces its win for 'Best Technology Company' at the
Herkunft: Crypto_Potato - 🏆 568. / 51 Weiterlesen »

Biotech Company Says It's Implanted Dopamine-Making Cells in Patients' BrainsA California-based biotech company says it has successfully implanted lab-made neurons in Parkinson's patients' brains to stimulate dopamine.
Herkunft: futurism - 🏆 85. / 68 Weiterlesen »