3 result(s) displayed (1 - 3 of 3):

Rumor mill: AT&T spending $2.5B on Alltel assets (from Corporate Dealmaker)

Early last week, Verizon Communications Inc. (NYSE:VZ) reported strong first-quarter earnings, pushed along by the $28.1 billion acquisition of Alltel Corp. in January by Verizon Wireless. A Reuters report, citing sources familiar with the situation, says AT&T Inc. (NYSE:T) is expected to buy 18 of 24 of Alltel Wireless assets...

Posted on May 8, 2009 4:58 PM

Verizon-Alltel to close Friday; integration moves await (from Corporate Dealmaker)

One less thing to worry about.Back in October the credit crisis was so severe that there were worries about the ability of financially robust Verizon Wireless to get financing for its strategically sound $28.2 billion acquisition of Alltel Corp. But a Saturday report in the Arkansas Democrat-Gazette, citing a regulatory...

Posted on January 5, 2009 9:24 AM

Strategics pursue more targets with speculative credit ratings (from Corporate Dealmaker)

In all of 2007, strategic buyers in a study run by analysts at Standard & Poor's went after 40 targets with speculative credit ratings. For the first seven months of this year, the number is already 36.Targets with subinvestment-grade ratings include Alltel Corp., which is being bought by Verizon Wireless;...

Posted on August 13, 2008 10:26 AM