Glendon Capital Management calls for Frontier Communications' sale to Verizon to be delayed, citing undervaluation of the ...

Another Frontier Communications shareholder has confirmed it will reject Verizon's proposed $20 billion acquisition of ...

Glendon Capital Management, a private investment firm which is one of the largest shareholders of Frontier Communications Parent (FYBR), owning nearly 10% of the outstanding shares of the company’s ...

In the letter, Glendon expressed its belief that Frontier's enterprise value is at least $26 billion today, 30% higher than the current $20 billion enterprise value ascribed from the Verizon ...

Ares Management is evaluating Frontier Communications' planned sale to Verizon amidst concerns of undervaluation, hiring an ...

Frontier Communications’ second largest investor is the latest stakeholder to come out against the company’s proposed $9.6 ...

Shares of the telecom gained 3.28% to close at $42.86. Verizon’s stock price gained when news broke that Glendon Capital, the largest shareholder of Frontier Communications (FYBR), would vote against ...

Frontier Communications' second largest investor is the latest stakeholder to come out against the company's proposed $9.6 billion acquisition by Verizon Communications.

Glendon Capital Management sent a letter to Frontier's board on Wednesday saying the $38.50 per-share acquisition price offered by Verizon significantly undervalues the telecommunications company's ...

Accounting for nearly 10% of all Frontier shares, Glendon believes Verizon’s offer of $38.50 per share undervalues the ...

Verizon is facing resistance from some of Frontier Communications’ largest shareholders over its proposed $9.6 billion ...

Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon ...