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Verizon’s $9.6 Billion Bid for Frontier Expands Broadband

(Bloomberg) — Verizon Communications Inc., the largest US phone company, agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about $9.59 billion to expand its high-speed internet business. Most Read from Bloomberg Frontier’s investors will get $38.50 a share, a 37% premium to the closing price on Tuesday, …

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