Rumor Mill
Alltels buy out info....
Alltel Corp. has added a news release to its Investor Relations website.
>Title: Alltel to Be Acquired by TPG Capital and GS Capital Partners for
>$71.50 Per Share
>
>Date: 5/20/2007 10:38:13 PM
>
>For a complete listing of our news releases, please click here
>LITTLE ROCK, Ark., May 20, 2007 (BUSINESS WIRE) -- Alltel Corp.
>(NYSE: AT) today announced that it has signed a
>definitive merger agreement to be acquired by TPG Capital and GS
>Capital Partners ("GSCP"), in a transaction valued at approximately
>$27.5 billion.
>Title: Alltel to Be Acquired by TPG Capital and GS Capital Partners for
>$71.50 Per Share
>
>Date: 5/20/2007 10:38:13 PM
>
>For a complete listing of our news releases, please click here
>LITTLE ROCK, Ark., May 20, 2007 (BUSINESS WIRE) -- Alltel Corp.
>(NYSE: AT) today announced that it has signed a
>definitive merger agreement to be acquired by TPG Capital and GS
>Capital Partners ("GSCP"), in a transaction valued at approximately
>$27.5 billion.
...
dose anyone think that this will make alltel a better company ...they didnt need to sell...so besides money ..what will the new share holders do?
...
Nothing until either Cingy, Verizon or another company gets their finances in order to buy it. These companies are basically holding companies. 2-5 years before this all gets settled.
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ohhhhhhhhhhhhh...i c...so same old crap till a larger company buys it out...
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