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Sep 5, 2024, 9:13 am133 pts
The WrapVerizon has entered into an agreement to acquire Frontier Communications in an all-cash transaction valued at $20 billion as it looks to expand its fiber network. Under the terms of the agreement, Verizon will acquire Frontier for $38.50 per share in cash, representing a premium of 43.7% to Frontier’s 90-day…
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