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Verizon Wireless to Purchase Alltel for $28.1 Billion (Update1) - Bloomberg
June 5 (Bloomberg) -- Verizon Wireless agreed to buy Alltel Corp. for $28.1 billion in cash and debt to overtake AT&T Inc. as the biggest mobile-phone company in the U.S. The deal is worth 2.1 percent more than the $27.5 billion TPG Inc. and Goldman ...