- June 5th, 2008, 12:26 pm
#179377
I know this affects some FF including me
NEW YORK (Reuters) - Verizon Wireless said on Thursday it will buy rural mobile service provider Alltel Corp for $28.1 billion including debt, which would vault it to first place in the U.S. market ahead of AT&T Inc (T.N).
Under terms of the deal, Verizon Wireless would acquire the equity of Alltel for $5.9 billion, and assume an estimated $22.2 billion in debt that was incurred primarily when Alltel was taken private in a leveraged buyout last November by TPG Capital (TPG.UL) and Goldman Sachs Group Inc's (GS.N) GS Capital Partners
http://news.yahoo.com/s/nm/20080605/bs_ ... izon_dc_12[/u]
NEW YORK (Reuters) - Verizon Wireless said on Thursday it will buy rural mobile service provider Alltel Corp for $28.1 billion including debt, which would vault it to first place in the U.S. market ahead of AT&T Inc (T.N).
Under terms of the deal, Verizon Wireless would acquire the equity of Alltel for $5.9 billion, and assume an estimated $22.2 billion in debt that was incurred primarily when Alltel was taken private in a leveraged buyout last November by TPG Capital (TPG.UL) and Goldman Sachs Group Inc's (GS.N) GS Capital Partners
http://news.yahoo.com/s/nm/20080605/bs_ ... izon_dc_12[/u]
From Bill Simmons:
See " The Sneeze" time stamp - 7:45
http://sports.espn.go.com/espn/page2/st ... ons/090903
See " The Sneeze" time stamp - 7:45
http://sports.espn.go.com/espn/page2/st ... ons/090903



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