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Verizon In Talks To Acquire Rival Alltel.

Authors :
Sharma, Amol
Berman, Dennis K.
Ng, Serene
LaVallee, Andrew
Karnitschnig, Matthew
Kumae, Vishes
Source :
Wall Street Journal - Eastern Edition. 6/5/2008, Vol. 251 Issue 131, pA1-A17. 2p. 3 Black and White Photographs.
Publication Year :
2008

Abstract

The article reports that Verizon is in discussions to acquire rival wireless communication systems company Alltel Corp. for approximately $27 billion. The merger would create the world's largest cellular telephone systems company. Alltel is currently owned by private equity firm TPG Capital and a unit of Goldman Sachs Group.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
131
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
32492156