Forward Air files counterclaim against Omni, seeks to terminate merger

FORWARD AIR CORP

Filed answer and counterclaim in Delaware Court of Chancery on Nov 10, 2023.
Alleges Omni failed to comply with Sections 7.03 and 7.14 of the Merger Agreement.
Believes Omni acted in bad faith; closing condition under Section 8.02(b) will not be met.
Seeks declaratory judgment that Forward is not obligated to close and may terminate agreement.
Public version of answer/counterclaim to be filed by November 17, 2023.

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