Thursday, June 05, 2008

Verizon Agrees to Buy Alltel for $28.1B

Verizon Agrees to Buy Alltel for $28.1 Billion - NYTimes.com: "Under the terms of the deal, Verizon will acquire the equity of Alltel for $5.9 billion and assume $22.2 billion in debt. The companies hope to complete the transaction by the end of the year."

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