Added to YB: 2024-10-28
Pitch date: 2024-10-25
FYBR [neutral]
Frontier Communications Parent, Inc.
+7.33%
current return
Author Info
No bio for this author
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.
Read full article (9 min)