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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.
Frontier stockholders approve $20B Verizon deal
Frontier Communications announced its shareholders gave a stamp of approval for Verizon's proposed $20 billion deal to buy the company.
Better Telecom Stock: AT&T vs. Verizon
Both telecom giants boast dividends with attractive yields, but investors will want to look closely at their growth potential and debt loads.
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.
Is Verizon Stock a Buy Now?
The Frontier purchase will be an all-cash transaction valued at $20 billion. According to media reports, Verizon looks to take on debt to finance the deal. The telecom already shoulders a hefty $126.4 billion in unsecured debt as of Q3.
Frontier Communications gains as holders approve Verizon deal
Frontier Communications (FYBR) rises 2.6% as shareholders are set to approve sale to Verizon (VZ). WSJ report confirms deal approval.
1d
on MSN
Why Verizon Stock Inched Higher Today
Verizon Communications' (NYSE: VZ) major news on Wednesday was entirely expected. Verizon's shares closed the trading session ...
1d
on MSN
Is Verizon Communications Inc. (VZ) Among The Top Dividend Contenders Right Now?
Top 15. In this article, we are going to take a look at where Verizon Communications Inc. (NYSE:VZ) stands against the other ...
3d
Verizon Outage: Fios Down for Millions of People
The Verizon Fios outage and reported problems map provided by Downdetector shows the part of the US currently impacted by the ...
2d
Verizon Provides Internet Outage Update to Fios Customers
After millions on the East Coast experienced Verizon Fios internet outages on Tuesday morning, the internet provider failed ...
bovnews
3d
The Verizon Communications Inc. Enigma: What’s Causing the Wild Swings in VZ Stock?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.04% of ...
5d
on MSN
Verizon Communications Inc. (VZ): Among 10 Best Undervalued Stocks to Buy Right Now
We recently compiled a list of the 10 Best Undervalued Stocks to Buy Right Now. In this article, we are going to take a look ...
14h
on MSN
Dan Loeb's Third Point enters Tesla, CVS, exits Uber, Verizon, among top Q3 trades
Third Point took new stakes in Tesla (NASDAQ:TSLA), with 400K shares, CVS Health (NYSE:CVS), with 1.58M shares, and ...
The Desk on MSN
4d
TEGNA stations may be dropped from Verizon Fios this week
Verizon has sent a notice to some customers of its Fios TV service with a warning that one of their local television channels ...
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