Cooper Investors Issues Open Letter to Board of Directors of Frontier Communications Opposing Acquisition by Verizon
Cooper Investors Issues Open Letter to Board of Directors of Frontier Communications Opposing Acquisition by Verizon
Expresses Concern that $38.50 Offer Price Significantly Undervalues Frontier and Fails to Reflect Value of Anticipated Synergies
對38.50美元的報價表示擔憂，認爲嚴重低估了Frontier，並未反映出預期的協同效應價值。
Believes Frontier's Standalone Value is up to 62% Higher than Offer Price and Fair Transaction Value Would be up to 94% Higher than Offer Price
認爲Frontier的獨立價值比報價高出高達62%，公平交易價值將高出報價高達94%。
Confident Frontier Remaining as a Standalone Public Company is Optimal Outcome for Stockholders
有信心認爲Frontier保持獨立上市公司是股東的最佳選擇。
Urges Frontier Stockholders to Vote AGAINST the Proposed Transaction
敦促Frontier股東投票 AGAINST 支持擬議交易
MELBOURNE, Australia, Oct. 15, 2024 /PRNewswire/ -- Cooper Investors Pty Limited (together with its affiliates, "Cooper Investors"), an Australia-based global investment manager and significant stockholder of Frontier Communications Parent, Inc. (NASDAQ: FYBR) ("Frontier" or the "Company"), today issued an open letter to the board of directors of Frontier in which it expressed its strong opposition to the acquisition of Frontier by Verizon Communications Inc. for $38.50 per share (the "Proposed Transaction").
2024年10月15日，澳洲墨爾本 /PRNewswire/ -- 澳大利亞全球投資管理公司Cooper Investors Pty Limited（及其關聯公司「Cooper Investors」），Frontier Communications Parent, Inc.（納斯達克股票代碼: FYBR）（「Frontier」或「公司」）的重要股東，今日向Frontier的董事會發出公開信，強烈反對Verizon Communications Inc.以每股38.50美元收購Frontier的交易（「擬議交易」）。
In the letter, Cooper Investors expressed its belief that the standalone value of Frontier is as much as 62% higher than Verizon's offer price and that the fair transaction value would be up to 94% higher. Cooper Investors stated its intention to vote against approval of the Proposed Transaction and encouraged its fellow stockholders to do the same at the Company's upcoming special meeting of stockholders scheduled to be held on November 13, 2024.
在信中，Cooper Investors 表示相信Frontier的獨立價值高達Verizon的報價62%，且公平交易價值高達94%。Cooper Investors表明了其意向 投票反對 公司鼓勵其股東在2024年11月13日舉行的特別股東大會上投票反對擬議交易的批准，並鼓勵其他股東也這樣做。
The full text of the letter can accessed at the following link: Letter to the Board
信函的完整文本可在以下鏈接查看：致董事會的信函
About Cooper Investors
關於Cooper Investors
Cooper Investors is an Australia-based, employee-owned and operated global investment manager founded in 2001. The firm manages approximately $7 billion on behalf of families, charities, foundations, endowments and institutions.
Cooper Investors是一家總部位於澳洲的員工擁有和經營的全球投資管理機構，成立於2001年。該公司代表家庭、慈善機構、基金會、捐贈基金和機構管理着大約70億美元資產。
THIS IS NOT A SOLICITATION OF AUTHORITY TO VOTE YOUR PROXY. DO NOT SEND US YOUR PROXY CARD. COOPER INVESTORS IS NOT ASKING FOR YOUR PROXY CARD AND WILL NOT ACCEPT PROXY CARDS IF SENT. COOPER INVESTORS IS NOT ABLE TO VOTE YOUR PROXY, NOR DOES THIS COMMUNICATION CONTEMPLATE SUCH AN EVENT.
本文不是要求您投票授權。請勿將您的授權卡發送給我們。Cooper Investors無意要求您的授權卡，並且將不接受發送的授權卡。Cooper Investors無法代表您投票，本次通信也不包括此類活動。
SOURCE Cooper Investors
消息來源Cooper Investors
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