MILWAUKEE, Sept. 5, 2024 /PRNewswire/ — Ademi LLP is investigating Frontier (Nasdaq: FYBR) for possible breaches of fiduciary duty and other violations of law in its transaction with Verizon.
Click here to learn how to join our investigation https://www.ademilaw.com/case/frontier-communications-parent-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Frontier stockholders will receive $38.50 per share in cash. The transaction is valued at approximately $20 billion of enterprise value. The transaction agreement unreasonably limits competing transactions for Frontier by imposing a significant penalty if Frontier accepts a competing bid. Frontier insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Frontier’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Frontier common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/frontier-communications-parent-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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