Verizon Must Sell Assets in Alltel Deal

The Justice Department on Thursday effectively gave Verizon Wireless the go-ahead to buy Alltel Corp. in a $28 billion deal that would create the nations largest wireless carrier.

Verizon Wireless, a joint venture between Verizon Communications Inc. and Britains Vodafone Group PLC, already has agreed to the governments condition that it sell assets in 22 states.

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Source: http://www.notepage.net/blog.htm#872

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