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Frontier Communications Parent Inc

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange on September 4, 2024. Brendan McDermid | Reuters Stocks struggled on Thursday as investors dumped risky assets and concerns grew about the outlook for the U.S. economy ahead of…

Verizon (VZ) acquires Frontier Communications

Verizon said on Thursday it would buy Border communication in a cash deal valued at $20 billion as the U.S. wireless carrier looks to expand its fiber-optic network. Verizon offered $38.50 per share, a 37.3 percent premium to Frontier’s closing…