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Article: Forward Revitalizes Acquisition Efforts.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Forward Industries, Inc. (NASDAQ: FORD), a designer and distributor of custom carrying case solutions, announced that it has engaged Morgan Joseph & Co. Inc., a leading Global Investment Bank headquartered in New York, on an exclusive basis as its financial advisor to assist it in identifying and evaluating potential targets for acquisition or other business combination. In the event the Company determines to move forward with a potential transaction, Morgan Joseph may assist in negotiations. The Company has terminated its previously announced engagement of vFinance Investments, Inc.
Douglas W. Sabra, Forward's President, commented, "For the past year, we have ...