Verizon Wireless To Acquire Alltel; Will Expand Nation’s Most Reliable Wireless Network

BASKING RIDGE, N.J., and LITTLE ROCK, Ark. — Verizon Wireless has entered into an agreement with Alltel Corporation and Atlantis Holdings LLC, an affiliate of private investment firm TPG Capital and GS Capital Partners, to acquire Alltel Corporation in a cash merger. Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and [...]
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