Frontier Communications Corp. (Nasdaq: FTR) will pay approximately $2 billion in cash to purchase AT&T Inc.’s (NYSE: T) Connecticut wireline operations. Shares of Frontier rose 36 cents to $4.75 while AT&T stock slipped 37 cents to $33.79.
Frontier To Buy Connecticut Wireline
December 17, 2013 at 05:39 AM EST