Acquisition ApprovalA high probability of deal completion under current terms is placed at approximately 95% in valuation scenario analysis.
Strategic SynergiesThere would likely be material expense synergies as well on marketing / SG&A and network access charges, on top of revenue synergies from leveraging Verizon's distribution footprint for FYBR customers.
Valuation And Price TargetFollowing Verizon’s acquisition of Frontier, the FYBR price target is raised to $38.50.