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FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."


NDAQ:FRP - Post by User

Post by Goldbug317on Oct 30, 2004 10:51am
120 Views
Post# 8113263

I suspect

I suspect we may have a small equity financing coming.In the last conference call,Peter mentioned that 90% of the cash from Ovacik would be raised throug a debt financing and the remainder in equity.Any comment on this..........anyone, Tas20? I have continued to accumulate in this range. Goodluck to Peter and the board at Frontier Goldbug
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