Verizon offer 38.50 usd per Frontier share (Il Sole 24 Ore Radiocor) - New York, 05 Sep - Verizon has offered 38.50 dollars per Frontier share, representing a premium of 43.7% to Frontier's 90-day volume-weighted average share price on September 3, 2024.

The deal, which is expected to close in approximately 18 months, has been unanimously approved by the Verizon and Frontier boards of directors.

It is expected to be accretive to Verizon's revenue and adjusted EBITDA growth rates upon closing.

AAA-Sje

(RADIOCOR) 05-09-24 14:58:30 (0397) 5 NNNN