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Frontier’s 2nd Biggest Investor Opposes Sale to Verizon
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.
Frontier’s Second Biggest Investor Opposes Sale to Verizon
Frontier Communications’ largest institutional investor is the latest stakeholder to come out against the company’s proposed $9.6 billion acquisition by Verizon Communications.
Frontier's biggest holder hires adviser to evaluate sale to Verizon - Bloomberg
Ares Management is evaluating Frontier Communications' planned sale to Verizon amidst concerns of undervaluation, hiring an adviser for guidance.
In Depth
Exclusive: Verizon bid for Frontier faces investor skepticism, sources say
Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications , with its second-largest investor planning to vote against the deal,
Carronade urges Frontier shareholders to vote against sale to Verizon
Carronade Capital, which beneficially owns approximately 2,000,000 shares of Frontier Communications Parent (FYBR), released a letter to fellow
1d
on MSN
Frontier Comm holder Glendon Capital calls for vote on Verizon deal to be delayed
Frontier Communications (NASDAQ:FYBR) holder Glendon Capital Management is calling for the special meeting on the firm's ...
CRN
2d
Fixed Wireless, Private Networks Making Verizon 'Stronger' Than The Competition: CEO
Telecom giant Verizon's pending $20 billion Frontier Communications acquisition and its recently acquired spectrum from U.S ...
Yahoo Finance
3d
Carronade Capital Urges Frontier Communications Shareholders to Vote Against Sale to Verizon on Current Terms
Inc. (“
Frontier
” or “Company”). The Proposed Transaction with
Verizon
does NOT represent fair value to
Frontier
...
The Motley Fool on MSN
1d
Why Verizon Stock Was Slipping Today
Verizon
posted mixed results in its third-quarter earnings report. Revenue growth was weak due to an underwhelming ...
1d
Verizon Q3 Earnings: Expect More Near-Term Pressure
Verizon’s quarter raised concerns over stagnant ARPA growth despite net additions. Read more to explore VZ stock and ...
2d
Verizon's flexible 5G plans lift wireless subscriber additions above estimates
Growing adoption of the company's myPlan, a customizable offering that includes streaming perks such as Disney+, Hulu and Max ...
1d
Better High-Yield Dividend Stock to Buy Now: AGNC vs. Verizon
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
4h
KeyBanc downgrades Verizon on limited room for EBITDA growth
KeyBanc last night downgraded Verizon (VZ) to Sector Weight from Overweight without a price target. The company’s Q3 results were below ...
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