Frontier Communications Parent Stock Strong Demand Visibility Nasdaq

Frontier Communications Parent Stock Strong Demand Visibility Nasdaq (RTTNews) - Verizon Communications Inc (VZ) is in advanced talks to acquire Frontier Communications Parent Inc (FYBR In the after-hours trading the stock further gained $018 or 047% On Thursday, Frontier Communications (OTC:FTRCQ) (NASDAQ:FYBR) shares were downgraded from Buy to Neutral by MoffettNathanson, with the price target increased to $3850 from MONSEY, NY, Sept

Frontier Communications Parent Stock Strong Demand Visibility Nasdaq Shares of Frontier Communications (FYBR Frontier's market capitalization surged to around $96 billion after the stock jumped in response to the news of the possible deal Shares of Frontier Communications Parent gained after The Wall Street Journal reported that Verizon is in advanced talks to acquire the company The stock, up 20% since the beginning of the year Frontier Communications Corp engages in the provision of communication services to urban, suburban, and rural customers The firm offers voice, data, and video services and products on a has agreed to buy smaller rival Frontier Communications (FYBR) in an all-cash deal worth $20 billion Verizon has offered $3850 per share to buy all of the outstanding common stock of Frontier