Verizon Communications Inc.

01/20/2026 | Press release | Distributed by Public on 01/20/2026 08:21

Material Event (Form 8-K)

Item 8.01. Other Events.

On January 20, 2026, Verizon Communications Inc. ("Verizon") completed the previously announced acquisition of Frontier Communications Parent, Inc. ("Frontier") and related transactions pursuant to the Agreement and Plan of Merger, dated as of September 4, 2024 (the "Merger Agreement"), by and among Verizon, Frontier and France Merger Sub Inc., a subsidiary of Verizon ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub merged with and into Frontier, with Frontier surviving such merger as the surviving corporation and a wholly owned subsidiary of Verizon.

At the effective time of the merger (the "Effective Time"), each share of common stock, $0.01 par value per share, of Frontier issued and outstanding immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash equal to $38.50 per share, without interest (other than any shares that were owned by Verizon, Frontier or Merger Sub immediately prior to the Effective Time, which were cancelled for no consideration).

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