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Added to YB: 2024-10-28

Pitch date: 2024-10-25

FYBR [neutral]

Frontier Communications Parent, Inc.

+6.05%

current return

Author Info

Company Info

Frontier Communications Parent, Inc. together with its subsidiaries, provides communication and technology services in the United States.

Market Cap

$8.9B

Pitch Price

$35.86

Price Target

N/A

Dividend

N/A

EV/EBITDA

9.29

P/E

-27.42

EV/Sales

3.40

Sector

Diversified Telecommunication Services

Category

special_situation

Show full summary:
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.

Read full article (9 min)