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VZ
New York Post
95 days

Verizon axing DEI programs as it seeks FCC approval for $9.6B Frontier deal

1. Verizon ends DEI programs after pressure from the Trump administration. 2. FCC chair criticized DEI policies, linking them to Verizon's Frontier deal approval. 3. The company removes DEI references from employee training and hiring practices. 4. Verizon drops workforce diversity goals amid scrutiny of its corporate policies. 5. DEI changes are effective immediately, recognizing potential discrimination issues.

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FAQ

Why Bullish?

Ending DEI programs may facilitate smoother FCC approval on Frontier acquisition, boosting stock confidence.

How important is it?

The article's regulatory implications on Verizon's acquisition strategy make it likely to impact share prices.

Why Short Term?

Immediate regulatory changes can impact VZ's short-term stock performance as the Frontier deal progresses.

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