Verizon Outlines Alltel Integration Plan
Top message: What exactly was the point of this merger? by bluecoyote
Replying to: Re: Capital for Goldman Sachs and TPG Capital by algorithmplus
Re: Capital for Goldman Sachs and TPG Capital
Then, they sold to TPG/Goldman Sachs which eliminated stockholders and took the company private. AND, added a large amount of debt, because the buyers put very little down. They added no value and loaded up the company with debt.
Then, Verizon buys Alltel. I have nothing against Verizon. It's the people who sold out Alltel to profit the few that bothers me.
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