Verizon, Frontier Communications

Verizon’s Takeover of Frontier Communications Wins Shareholder Support
Investors are set to approve the $9.6 billion deal that some shareholders had opposed as too low.
Frontier shareholders approve $9.6 billion deal with Verizon
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on Wednesday, even as a number of large investors sought to get a higher price. Shareholders had until Wednesday to cast their votes on a deal that Verizon's CEO Hans Vestberg called a "strategic fit" that would allow the company to be more competitive in additional markets.
Majority of Frontier stockholders approve of acquisition by Verizon
Over 60 percent of Frontier Communications stockholders have approved a merger agreement proposal with Verizon.
Frontier shareholders approve Verizon acquisition, despite public stakeholder objections
The deal has been approved despite a lot of noise from several Frontier investors in recent weeks that Verizon's bid undervalues the company. Several Frontier shareholders have expressed their opposition to the deal, including Glendon Capital Management, Cooper Investors Pty Limited, and Cerberus.
Frontier Communications gains as holders approve Verizon deal
Update 10:23am: Adds Frontier confirmation. Frontier Communications (NASDAQ:FYBR) rose 2% after its shareholders approved its planned $9.6 billion sale to Verizon (VZ). Verizon rose 1.3%. Approximately 63% of stockholders voted for the deal, with ten of ...
Why Verizon Stock Inched Higher Today
Verizon Communications' (NYSE: VZ) major news on Wednesday was entirely expected. Verizon's shares closed the trading session nearly 2% in response, providing a positive contrast to the flatlining S&P 500 index.
Frontier Stockholders Approve Acquisition by Verizon
On September 5, 2024, Frontier and Verizon announced they had entered into a merger agreement, pursuant to which Verizon would acquire Frontier in an all-cash transaction. Frontier stockholders will receive $38.
Frontier Communications Shareholders Approve Acquisition By Verizon: Retail Gives A Thumbs-Up
Shareholders of pure-play fiber internet provider Frontier Communications Parent, Inc. ($FYBR) on Wednesday have approved the acquisition of the company by Verizon Communications Inc. ($VZ) at a special meeting.
Dallas Morning News2d
Major shareholders cast doubt on Verizon’s $20 billion deal for Frontier Communications
With two days until the approval vote from shareholders, Verizon’s proposed acquisition of Dallas-based internet provider ...
Yahoo2d
Frontier Stock Rises After Journal Reports Shareholders Are Set to Clear Verizon Deal
Frontier Communications shareholders are set to approve a $9.6 billion sale to Verizon, according to people familiar ...
WXXI20h
State regulators want audit of Frontier Communications
The New York State Public Service Commission is looking into service and other quality issues at the telecom company.
Frontier Communications Hold Rating: Awaiting Regulatory Approvals Amid Mixed Shareholder Sentiment
Caleb Stein, an analyst from Wells Fargo, maintained the Hold rating on Frontier Communications Parent (FYBR – Research Report). The ...
Dallas Morning News2d
Shareholders for Dallas-based Frontier approve $9.6 billion deal with Verizon
Dallas-based Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on ...