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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 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.
Why Verizon Stock Inched Higher Today
Verizon Communications' (NYSE: VZ) major news on Wednesday was entirely expected. Still, it helped push the company's stock into positive territory. Verizon's shares closed the trading session nearly 2% in response,
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 $9.6 billion sale to
Verizon
(VZ).
Verizon
rose 1.3%. Approximately 63% of stockholders voted for the deal, with ten of ...
Frontier Communications Shareholders Approve Acquisition By Verizon: Retail Gives A Thumbs-Up
Shareholders of pure-play fiber internet provider Frontier Communications Parent, Inc. ($FYBR) on Wednesday have approved the acquisition of the company by Verizon Communications Inc. ($VZ) at a special meeting.
Dallas Morning News
4d
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 ...
1d
T-Mobile Hit By Chinese Hackers After Rivals AT&T, Verizon Suffer Breach: Report
A major cyber-espionage operation linked to Chinese intelligence has reportedly infiltrated T-Mobile and other telecom ...
6d
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 ...
Zacks.com on MSN
1d
Verizon Networks Powers Advance Public Safety Tech: Stock to Gain?
Knightscope is set to deploy VZ's network solutions to support its autonomous security technology in public safety ...
5d
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 ...
4d
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 ...
7d
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 ...
2d
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 ...
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