Verizon Wireless to Buy Alltel in $28.1 Billion Deal

June 4, 2008

Verizon Wireless said on Thursday that it would buy Alltel Corp. for $28.1 billion, including $22.2 billion in debt, vaulting the combined company to first place in the U.S. mobile services market ahead of AT & T; Inc.

*For more on this story,

read the full Reuters article.

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Verizon Wireless to Buy Alltel in $28.1 Billion Deal

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