Monday, May 21, 2007

TPG, Goldman to buy Alltel in $25 billion deal

(Reuters) - TPG Capital and GS Capital Partners will acquire Alltel for $71.50 per share in cash, the company said, in what would be among the largest private equity deals ever.




Alltel's stock closed at $65.35 on Friday, with its shares steadily climbing throughout the year on speculation of a takeover.


Read more at Reuters.com Hot Stocks News

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