Frontier Communications (FYBR) edged higher by 0.3% after the California Public Utilities Commission voted to approve its sale to Verizon (VZ).
The Calif. PUC voted 5-0 to approve the transaction on Thursday.
The Federal Communications Commission approved Verizon’s (NYSE:VZ) $9.6 billion purchase of Frontier (NASDAQ:FYBR) in May after the telecom firm agreed to end its diversity, equity and inclusion policies.