May
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Alltel Agrees to $27.5 Billion Buyout
May 21, 2007 |
A pair of investment firms have agreed to acquire Alltel Corp., the fifth-biggest U.S. wireless company and owner of the nation’s largest geographic network, in a deal worth $27.5 billion.
The telecommunications company announced Sunday that it had signed an agreement to be acquired by TPG Capital, formerly Texas Pacific Group, and GS Capital Partners, a subsidiary of Goldman Sachs.
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