Verizon, Frontier
Another investor says it will reject Verizon's $20bn offer for Frontier
Another Frontier Communications shareholder has confirmed it will reject Verizon's proposed $20 billion acquisition of Frontier. In a letter to Frontier's board, Glendon Capital Management, which owns around 10 percent of shares in the company, confirmed its stance following a Reuters report last week that it wasn't satisfied with the deal.
Funds managed by Carronade beneficially own approximately 2,000,000 shares of Frontier Communications Parent, Inc.
On Tuesday, Frontier Communications Parent Inc (FYBR) stock saw a decline, ending the day at $35.55 which represents a decrease of $-0.16 or -0.45% from the prior close of $35.71. The stock opened at ...
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 ...
Verizon has a track record of overpaying and underdelivering on M&A deals, and I fear Frontier will be more of the same. See ...
Cooper Investors Global Equities Fund (Hedged) highlighted stocks like Frontier Communications Parent, Inc. (NASDAQ:FYBR) in the third quarter 2024 investor letter. Frontier Communications ...
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KeyBanc Capital Markets analysts cut their rating on Verizon (NYSE:VZ) shares to Sector Weight from Overweight after the ...
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