Monday, May 21, 2007

TPG, Goldman to buy Alltel

TPG, Goldman to buy Alltel in $25 billion deal (Reuters)

The headquarters of Alltel Corp. in an undated photo. Wireless company Alltel said on Sunday it had agreed to be bought by TPG Capital and the buyout arm of Goldman Sachs for about $25 billion, making it the latest U.S. corporate giant to fall into private equity hands. (Handout/Reuters)Reuters - Wireless company Alltel Corp. said on Sunday it had agreed to be bought by TPG Capital and the buyout arm of Goldman Sachs for about $25 billion, making it the latest U.S. corporate giant to fall into private equity hands.


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