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3Vote!

Verizon Says $28.1B Buyout of Alltel on Track

Verizon Wireless says it is moving forward with plans to acquire Alltel Corp. for $28.1 billion, although the country's financial climate has worsened since the companies reached an agreement four months ago. Verizon maintains that the deal, which would make it the largest wireless carrier in the United States, is still on track to close by year's end, company spokeswoman Robin Nicol said Friday. But...

+Vote!

Verizon (Takes A Shot At) Acquiring Alltel

Despite the shitty economy, Verizon is still pushing ahead with it’s deal to purchase the nation’s fifth-largest wireless telecom provider, Alltel Corp. Verizon is still meeting with the Justice department in an attempt to keep everything kosher, especially considering the size of the deal. You can bet it won’t give up though: if the deal [...]

+Vote!

Fitch: Event Risk Related to Verizon's Acquisition of Alltel

CHICAGO--(BUSINESS WIRE)--With the announced acquisition of Alltel Corp. by Verizon Wireless (VZW) during the second quarter of 2008, initial expectations were for the Department of Justice

2Vote!

Windstream in Good Position to Buy Other Carriers, Analysts Say

By Friedman, Mark SEVERAL ANALYSTS SAY Windstream Corp. of Little Rock is now in a good position to buy other rural local exchange carriers. Windstream had been limited to the amount of stock it could issue as the result of its spin-off from Alltel Corp. of Little Rock in 2006.

1Vote!

Alltell: Opportunities Seen With Central Arkansas Jobs

By Waldon, George THE EMERGENCE OF ALLTEL Corp. as a leading employer in Arkansas was powered largely through acquisition. The same dynamic that brought hundreds of jobs to its Little Rock headquarters now is poised to eliminate jobs.

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1Vote!

Media Digest 7/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, KKR will go public on the NYSE at a valuation of $15 billion. Reuters writes that the production problems with the Airbus 380 are not... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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KKR To Go Public At Valuation Near $15 Billion

According The Wall Street Journal, KKR will go public on the NYSE at a valuation of between $12 billion and $15 billion. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

1Vote!

A Big Deal

Debate over the future of oil prices and the US economy again grabbed the headlines this week. VERIZON COMMUNICATIONS' acquisition of rural wireless rival ALLTEL CORP, however, is a far more significant development for investors. Up until mid-2006, Alltel was considered America's premier rural phone franchise, with a steady wireline business and rapidly growing wireless operation. The company then...

1Vote!

Verizon/Alltel merger could shave $36M from Syniverse books

If Verizon Wireless' announced acquisition of Alltel Corp. had been complete at the beginning of the year, Syniverse Holdings Inc. could've witnessed a revenue shortfall of between $33 million and $36 million for 2008, about 7.7 percent of the projected $465 million revenue it expects to earn this year. (SVR) (VZ) (VOD)

2Vote!

Real-Time Stock Quotes Now Available for NYSE on Google, CNBC

Earlier this month, Google Finance, The Wall Street Journal, and CNBC all launched free real-time stock quotes for companies traded on the NASDAQ. Starting today, you’ll be able to do the same for companies traded on the New York Stock Exchange (NYSE), at least on Google Finance and CNBC. With the move, CNBC [...]

+Vote!

S&P thinks telecom stocks may be poised for a rebound

Filed under: Forecasts , Deals , Competitive strategy , Apple Inc (AAPL) , AT and T (T) , ALLTEL Corp (AT) , Verizon Communications (VZ) , Economic data During the challenging market conditions over the past year, the telecom sector has felt its fair share of the pain. Standard & Poor's Todd Rosenbluth suggests that some of these telecommunication stocks could now be good investments for traders as...

1Vote!

Alltel Investors Lead Charmed Life

By Anonymous INVESTORS IN ALLTEL CORP. MUST BE LIVing right. While leveraged buyout deals were dropping like flies in the last half of 2007 - including the planned sale of Little Rock's own Acxiom Corp.

1Vote!

Alltel Tried to Buy Sprint Nextel Prior to Verizon Sale

It has been revealed that Alltel Corp tried to buy Sprint Nextel prior to being swallowed up in turn by Verizon Wireless a couple of weeks ago.

+Vote!

Verizon Wireless secures $7.55 bln bridge loan for Alltel Purchase

Morgan Stanley has provided a $7.55 billion 364-day bridge loan to back Verizon Wireless' acquisition of Alltel Corp for $28.1 billion, including $22.2 billion in debt, according to Reuters Loan Pricing Corp. The 364-day loan matures June 4, 2009, and...