NEW YORK, June 8, 2015 - Frontier Communications Corp. (FTR) was down slightly on Friday following the completion of an equity and mandatory convertible preferred offering by the company. The offering was to finance a portion of the company’s announced acquisition of Verizon Communications’ wireline customers in California, Florida, and Texas which will roughly double the size of Frontier’s customer base.
An analyst report update on FTR that includes a brief company overview, financial review, analyst summary, valuation, and recommendation can be viewed by using the following link at no cost.
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