Frontier Communications Parent (FYBR) said Wednesday its shareholders have approved Verizon Communications' (VZ) acquisition of the company in a deal valued at $20 billion.
The acquisition is expected to be completed in Q1 2026, subject to regulatory approvals, the company said.
Frontier shares were up about 2.3%, while Verizon rose 2.4% in recent trading.
Price: 34.93, Change: +0.78, Percent Change: +2.28
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