Verizon stock price ticks higher as Frontier deal closes; what VZ investors watch next
Verizon shares rose 0.4% to $39.07 after closing its $20 billion cash acquisition of Frontier, according to an SEC filing Tuesday. Frontier shareholders will receive $38.50 per share in cash. AT&T and T-Mobile shares slipped. Investors await Verizon’s Jan. 30 earnings report for details on integration and spending.