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Fly News Breaks for June 12, 2015
FWRD
Jun 12, 2015 | 09:13 EDT
BB&T believes that Forward Air's (FWRD) acquisition of Towne Air will cause Forward Air's margins to rebound. The firm expects Forward Air to benefit from higher Towne prices and higher than expected retention of Towne customers. It keeps a Buy rating on Forward Air.
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