Behind the Bright Lights and Adrenaline of Pro Sports is an equally exciting world of

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That's what we cover each week on our podcast, The Deal.

I'm Alex Rodriguez, former baseball player turned business executive.

And I'm Jason Kelly, chief correspondent at Bloomberg Originals.

Every Thursday we talk to all-stars like Serena Williams and Derek Jeter, as well as the brains behind brands like the Harlem Globetrotters and

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Listen to the deal wherever you get your podcasts. From the heart of where innovation, money and power collide in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Edla Loa. Lo. Live from New York and San Francisco. This is Boomer technology.

Coming up, Verizon agrees to buy frontier communications, nearly $10 billion in cash. and in contact with the Justice Department but has not received a subpoena.

An HP Enterprise comes up short as disappointing margins offset AI-related tail wins, another chief

exec on the show, but first let's check in on these markets.

Ed the Nasdaq outperforms. Benchmarks are lower.

We're anxious around labor data coming tomorrow but

NVIDIA and Tesla do the work. But there's M&A. We have some but The offer is $38.50 a share, which is a fit 37% premium to the $28.4 closing price on Tuesday,

because you'll remember the reports about this deal started surfacing during the day Tuesday that's Tuesday's

closing price 9.6 billion dollar deal value enterprise value greater than that if

you take into account debt the story carries you know full well, it's about being more

competitive in the high-speed internet business and Verizon down half percentage point frontier

currently in this session at $35.10 a share down 9%.

And we want to be digging into some of the share price reaction that we have indeed been seeing.

Why is frontier training below that current agreed price?

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