Daily Archives: June 5, 2008

verizon-buys-alltel

Verizon To Acquire Alltel

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Verizon we’ll buy Alltel for $5.9 billion in ‘cash’ and assume $22.1 billion of Alltel’s staking deal at $28.1 billion total (not sure how that math works).  It looks like Verizon bought Alltel because they serve 13 million customers which include 57 ‘primarily rural markets that Verizon Wireless does not’....