Verizon, Frontier
Verizon-Frontier acquisition in rocky waters as investors eyeball per-share offer
Major investors and analysts are worried that Verizon’s proposed deal undervalues Frontier ahead of next month’s vote.
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,
Cooper Investors: Verizon's offer for Frontier significantly undervalues the company
Coopers, which is a stakeholder in Frontier, said the offer from Verizon undervalues the company by between 24 and 62 percent. Verizon announced last month that it had agreed to an all-cash acquisition of Frontier in a deal expected to be worth $20 billion.
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.
Verizon lines up $10bn in funding to cover Frontier acquisition
Verizon is reportedly looking to secure $10 billion in funding to support its acquisition of fiber provider Frontier Communications. As reported by Bloomberg yesterday (October 8), the carrier is lining up short-term funding to finance the acquisition.
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,
Verizon Q3 Earnings Preview: Frontier Won't Save The Day
Verizon has a track record of overpaying and underdelivering on M&A deals, and I fear Frontier will be more of the same. See ...
Bloomberg L.P.10d
Verizon Lines Up $10 Billion in Debt for Frontier Acquisition
Verizon Communications Inc. has lined up $10 billion of short-term bank funding to help fund its purchase of Frontier ...
Frontier Communications Parent (NASDAQ:FYBR) Rating Lowered to Hold at TD Cowen
Frontier Communications Parent (NASDAQ:FYBR – Get Free Report) was downgraded by analysts at TD Cowen from a “buy” rating to ...
Morningstar2d
Frontier Communications Parent Inc
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