Added to YB: 2024-10-28
Pitch date: 2024-10-25
FYBR [neutral]
Frontier Communications Parent, Inc.
+7.33%
current return
Author Info
Company Info
Frontier Communications Parent, Inc., together with its subsidiaries, provides communications and technology services for consumer and business customers in the United States.
Market Cap
$9.6B
Pitch Price
$35.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.29
P/E
-25.18
EV/Sales
3.49
Sector
Diversified Telecommunication Services
Category
special_situation
Monthly special situations: $FYBR shareholders versus $VZ
FYBR: VZ bid at $38.50, 35% premium. Major shareholders oppose, citing undervaluation vs fiber comps (>$50/share). VZ projects $500M cost savings + wireless synergies. 15% chance of bump priced in. Risk: shareholders overplay hand, deal falls through. Proxy firms' recommendations crucial.
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