Alltel Paper Roars Back

05 Jun 2008

Alltel Corp. loans rocketed north last week on the news of its $28.1 billion acquisition by Verizon Wireless from private equity firms TPG and GS Capital Partners.

Alltel Corp. loans rocketed north last week on the news of its $28.1 billion acquisition by Verizon Wireless from private equity firms TPG and GS Capital Partners. "It is great for the market," reflected one portfolio manager on the feel-good effect. Initial deal ...

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