Frontier Says Purchase of Verizon Wireline Properties Gains Antitrust Clearance
Frontier said its planned buy of Verizon's wireline properties in California, Florida and Texas received antitrust clearance under the Hart-Scott-Rodino Antitrust Improvements Act's early termination provisions from the FTC. The transaction still needs approval from the FCC and some state…
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governmental authorities. The FCC is 60 days into its review under its nonbinding 180-day clock. Frontier expects the deal to close in the first half of 2016, according to a company release.