Glendon Capital Management calls for Frontier Communications' sale to Verizon to be delayed, citing undervaluation of the ...

Glendon Capital Management, a private investment firm which is one of the largest shareholders of Frontier Communications Parent (FYBR), owning nearly 10% of the outstanding shares of the company’s ...

In the letter, Glendon expressed its belief that Frontier's enterprise value is at least $26 billion today, 30% higher than the current $20 billion enterprise value ascribed from the Verizon ...

Shares of the telecom gained 3.28% to close at $42.86. Verizon’s stock price gained when news broke that Glendon Capital, the largest shareholder of Frontier Communications (FYBR), would vote against ...

Ares Management is evaluating Frontier Communications' planned sale to Verizon amidst concerns of undervaluation, hiring an ...

Frontier Communications’ second largest investor is the latest stakeholder to come out against the company’s proposed $9.6 ...

Frontier Communications' second largest investor is the latest stakeholder to come out against the company's proposed $9.6 billion acquisition by Verizon Communications.

Frontier Communications’ largest institutional investor is the latest stakeholder to come out against the company’s proposed ...

Accounting for nearly 10% of all Frontier shares, Glendon believes Verizon’s offer of $38.50 per share undervalues the ...

Verizon is facing resistance from some of Frontier Communications’ largest shareholders over its proposed $9.6 billion ...

Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon ...

Glendon Capital Management, the company’s second-largest investor, allegedly plans to vote against the deal according to unnamed sources familiar with the matter cited by Reuters. Accounting for ...