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 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 $9.6 billion sale to Verizon (VZ). Verizon rose 1.3%. Approximately 63% of stockholders voted for the deal, with ten of ...
Frontier Stockholders Approve Acquisition by Verizon
Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Ve
Frontier Communications Shareholders Approve Acquisition By Verizon: Retail Gives A Thumbs-Up
Shareholders of pure-play fiber internet provider Frontier Communications Parent, Inc. ($FYBR) on Wednesday have approved the acquisition of the company by Verizon Communications Inc. ($VZ) at a special meeting.
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.
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 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 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 Comm holders should vote to abstain from Verizon vote, proxy advisers say
Proxy advisers ISS and Glass Lewis recommend Frontier Communications shareholders abstain from voting on sale to Verizon.
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Wall Street Breakfast Podcast: Frontier Reportedly Drops Bid For Spirit
Frontier reportedly drops bid for Spirit Airlines. DirecTV will terminate Dish deal unless debt swap resolved - Bloomberg.
Is Verizon Communications Inc. (VZ) The Best Video Conferencing Stock To Buy According to Analysts?
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