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Reuters

Reuters

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Business & Economics

US trucker Forward Air attracts takeover interest from buyout firms, sources say

Reuters
Summary
Nutrition label

80% Informative

Private equity firms including Blackstone and Apollo Global Management have expressed interest in acquiring U.S. trucker Forward Air .

Initial takeover bids are due to be submitted during the first week of July , sources say.

Forward Air said earlier this week it is committed to advancing its strategic alternatives review, which was announced in January .

VR Score

89

Informative language

94

Neutral language

69

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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