Activist Ancora joins investors' calls for a strategic review at Forward Air. Here's what may happen next
Forward Air(FWRD) CNBC·2024-09-07 21:06
Activist Commentary: Ancora is primarily a family wealth investment advisory firm and fund manager with 1.3 billion. It was founded in 2003, and it hired James Chadwick in 2014 to pursue activist efforts in niche areas like banks, thrifts and closed-end funds. Ancora's website lists "small cap activist" as part of its products and strategies, and its tactics have evolved in recent years ...