UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 2, 2017
Frontier Communications Corporation
(Exact name of registrant as specified in its charter)
Delaware | 001-11001 | 06-0619596 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
401 Merritt 7, Norwalk, Connecticut | 06851 | |||
(Address of principal executive offices) | (Zip Code) |
(203) 614-5600
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. | Regulation FD Disclosure |
On May 2, 2017, Frontier Communications Corporation issued a press release, which is attached hereto as Exhibit 99.
All information in Item 7.01 of this Form 8-K and in Exhibit 99 attached hereto is furnished but not filed.
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits |
99 | Press Release of Frontier issued on May 2, 2017. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FRONTIER COMMUNICATIONS CORPORATION | ||||||
Date: May 2, 2017 | By: | /s/ Mark D. Nielsen | ||||
Mark D. Nielsen | ||||||
Executive Vice President and Chief Legal Officer |
Exhibit 99
Frontier Communications Board Will Set Reverse Stock Split Ratio at 1-for-15
NORWALK, Conn., May 2, 2017 Frontier Communications Corporation (NASDAQ: FTR) announced today that its Board of Directors has made a determination that it will set the reverse stock split ratio at 1-for-15 if stockholders approve the reverse stock split proposal that is now before them and, following such approval, the Board decides to proceed with the reverse stock split. The Board made its determination after considering a number of factors, including the recommendation of the Companys financial advisor, target pricing, and feedback from stockholders and commentators. In addition to the reverse stock split, the proposal before Frontier stockholders would reduce the authorized number of shares of common stock from 1,750,000,000 to 175,000,000.
Voting Matters
There are no changes to the previous proxy/voting instruction card. Stockholders that have already voted do not need to take any action unless they wish to change their vote.
Proxies/voting instructions already returned by stockholders will remain valid and will be voted at the Annual Meeting, or at any adjournment or postponement thereof, in the manner indicated unless the stockholder revokes the proxy or changes the vote before the shares are voted at the Annual Meeting. Shares represented by proxies returned before the Annual Meeting, but for which no voting instructions have been provided, will be voted in accordance with the Boards recommendations as set forth in the proxy statement dated March 28, 2017. Important information regarding how to vote shares, revoke proxies or change voting instructions already given is available in the proxy statement under the caption QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) is a leader in providing communications services to urban, suburban, and rural communities in 29 states. Frontier offers a variety of services to residential customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure® digital protection solutions. Frontier Business Edge offers communications solutions to small, medium, and enterprise businesses. More information about Frontier is available at www.frontier.com.
INVESTOR CONTACT: |
MEDIA CONTACT: | |
Luke Szymczak |
Brigid Smith | |
Vice President, Investor Relations |
AVP, Corp. Comm. | |
(203) 614-5044 |
(203) 614-5042 | |
luke.szymczak@ftr.com |
brigid.smith@ftr.com |
###
D!
M\@'Z @,"# (4 AT")@(O C@"00)+ E0"70)G G$">@*$ HX"F *B JP"M@+!
M LL"U0+@ NL"]0, PL#%@,A RT#. -# T\#6@-F W(#?@.* Y8#H@.N [H#
MQP/3 ^ #[ /Y! 8$$P0@!"T$.P1(!%4$8P1Q!'X$C 2:!*@$M@3$!-,$X03P
M!/X%#044%]@8&!A8&)P8W!D@&
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M',P<]1T>'4<=:AZ4'KX>Z1\3'SX?:1^4'[\?ZB 5($$@
M;""8(,0@\"$<(4@A=2&A( &YXS'DJ>8EYYWI&
M>J5[!'MC>\)\(7R!?.%]07VA?@%^8G["?R-_A'_E@$> J($*@6N!S8(P@I*"
M](-7@[J$'82 A..%1X6KA@Z& ;X^$JN%H.44[
M7;2^6K5WZ'WDP['%!&3R.*\MM?VB?!VK?!S4OB7X7O7UKP]I5E+=SK:@"9?*
M7<\11L;7'HV/RKP#3/\ @J/\.[_P_JFI7.@>*+*ZLO+%I82PPF2]9\\1E9"
M% RQ8J ",9)Q1/&X>FDY32OL9X/A7.,8YJAAY2<7RR5M4_->74^T,'/3 [^]
M*0>,8Q7S=^S?^V%'^T7%>2Z!X&URS33[]+6\E^U02);!P2LC$NI(P#D*"?K7
MTCNP.G-=%&M"M'F@[H\W,Z-Z6*>-RS"SRF$:
MGLWJG)QY9+O9.^M]_EN5?V>;#QWX+^&?QMT7Q%X9\4:+X>U/P9<7)?5-+FMH
MOM48V@*9% W,CMG')"CTK#_8C^ 6E_'[XJO9>,(GE\.>'+!;R^@CD*&Y=B%C
MC)'S;2