Verizon to Buy Frontier for $9.6 Billion in Broadband Push

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Verizon to Buy Frontier for $9.6 Billion in Broadband Push

(Bloomberg) -- Verizon Communications Inc. agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about $9.59 billion as the New York phone giant looks to expand its high-speed internet business. Most Read from BloombergThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatFrontier’s investors will get $38.50 a share, a 37…