Q:

When was Alltel wireless bought out by Verizon

Answer

Verizon announced its plan to buy Alltel in June for $5.9 billion in equity, and it assumed about $22.2 billion in Alltel's debt.

Categorized In: Corporate Info

Source: Verizon completes Alltel purchase | Wireless - CNET News | news.cnet.com

Description: in June for $5.9 billion in equity, and it assumed about $22.2 billion in Alltel's debt. The deal was struck only seven months after Alltel was bought out by TPG Capital, a unit of Goldman Sachs Group, for $27.5 billion.

Nov 05, 12:31am

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