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Frontier Communications on Friday urged shareholders to support its planned $20 billion sale to Verizon, calling the $38.50 per-share price tag "highly attractive" despite mounting opposition. https://t.co/Xe8k9zJTYh https://t.co/J7JbuDb40K
Frontier Communications asks shareholders to accept Verizon's takeover bid https://t.co/h3pytNtE04
📡📝 Frontier urges shareholders to approve Verizon's $20B takeover bid Tickers of interest: $FYBR $VZ $T Full Story → https://t.co/fgZnOfSL9n https://t.co/U09Iel6TDt
Frontier Communications has formally requested its shareholders to approve Verizon's proposed $20 billion acquisition. The company highlighted the financial advantages of the deal in an investor presentation, emphasizing the attractive offer of $38.50 per share. Despite facing increasing resistance from some shareholders, Frontier maintains that the bid represents a significant opportunity for stakeholders. The acquisition, which involves tickers $FYBR and $VZ, is positioned as a strategic move to enhance Frontier's market position.
