BRIEF-Verizon To Acquire Frontier-March 2024-www.financetom.com

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BRIEF-Verizon To Acquire Frontier

Sep 6, 2024 12:51 PM

Sept 5 (Reuters) - Frontier Communications Parent Inc ( FYBR )

* VERIZON TO ACQUIRE FRONTIER

* VERIZON: TRANSACTION VALUED AT $20 BILLION

* VERIZON - VERIZON REAFFIRMS FULL-YEAR 2024 GUIDANCE

* VERIZON COMMUNICATIONS INC ( VZ ) - DEAL EXPECTED TO BE ACCRETIVE

REVENUE AND EBITDA GROWTH

* VERIZON: PROJECTED TO GENERATE AT LEAST $500 MILLION IN

ANNUAL

RUN-RATE COST SYNERGIES

* VERIZON: WILL ACQUIRE FRONTIER FOR $38.50 PER SHARE IN

CASH

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