[Reuters] Verizon in talks to buy Alltel for about $27 billion: source

Posted by: UGN Security

[Reuters] Verizon in talks to buy Alltel for about $27 billion: source - 06/05/08 02:12 AM

NEW YORK (Reuters) - Verizon Wireless is close to sealing a roughly $27 billion deal to buy rural mobile service provider Alltel Corp, aiming to overtake AT&T Inc as the top U.S. wireless service, a source familiar with the talks told Reuters on Wednesday.



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