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Frontier, Verizon Communications
Verizon bid for Frontier faces investor skepticism, sources say
NEW YORK (Reuters) - 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,
Frontier Investor Opposes Verizon Acquisition
Cooper Investors said in a letter to Frontier's board on Tuesday that the $38.50 per-share acquisition price offered by Verizon significantly undervalues the telecommunications company and fails to adequately compensate shareholders for the synergies that the merger would produce.
Cooper Investors slams Verizon’s Frontier takeover price
The Australian fund manager is the first Frontier shareholder to publicly say it plans to vote against the takeover by Verizon.
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,
Verizon bid for Frontier faces investor skepticism
When the deal was announced last month, it represented a 44% premium to Frontier's 90-day volume-weighted average share price. Verizon CEO Hans Vestberg called the acquisition "a strategic fit" that would allow the company to be more competitive in additional markets.
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Verizon has a track record of overpaying and underdelivering on M&A deals, and I fear Frontier will be more of the same. See ...
Hometown News LP
2d
The Badger Project: Verizon is purchasing Frontier. How will that affect customers in Wisconsin?
Dawson noted he was “amused” by the fact that Frontier grew to its current size by buying cast-off copper wire networks, used ...
TechRadar
3d
Verizon-Frontier acquisition in rocky waters as investors eyeball per-share offer
Some of
Frontier
Communications
’ largest shareholders have voiced concerns over the company’s planned takeover by
Verizon
Communications
– a deal worth an estimated $9.6 billion, reports ...
12h
Verizon: A Textbook Buy On Upside Breakout
The Frontier acquisition is expected to enhance Verizon's wireless and broadband market position. Read why investors should ...
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