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Verizon Wireless To Acquire Alltel For $28.1 Billion Forbes - Jun 6, 2008 As first rumored yesterday, Verizon (nyse: VZ - news - people ) is acquiring Alltel (nyse: AT - news - people ) equity and debt in a transaction worth $28.1 billion. Reactions Are Mixed On Verizon's Day-Old $28.1 Billion Acquisition … Washington Post UPDATE 1-Moody's may cut Verizon ratings on Alltel deal Reuters Reuters India - Bizjournals.com - New York Times - BusinessWeek all 1,693 news articles

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