Major Frontier (FYBR) holders report 0% ownership after Verizon cash merger
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. investors Glendon Capital Management L.P., Holly Kim Olson and G2 Communication L.P. have filed an amended Schedule 13G/A showing they now hold 0 shares, or 0% of the company’s common stock.
The filing explains that, as of January 20, 2026, the closing date of Frontier’s merger with Verizon Communications Inc., all Frontier common shares, including those previously beneficially owned by these filers, were canceled and converted into the right to receive $38.50 in cash per share.
The filers note that as of December 31, 2025, Glendon Capital Management L.P. and Holly Kim Olson together beneficially owned 20,916,439 shares (8.4% of the outstanding common stock), and G2 Communication L.P. beneficially owned 16,389,493 shares (6.5%). This amendment is described as updating and closing out their reporting obligations following the merger.
Positive
- None.
Negative
- None.