Shareholders challenge Alltel buyout

Three shareholder lawsuits have been filed in protest of Alltel's plans to go private through a $24.7 billion leveraged buyout. Alltel defended the deal, calling it "exceptionally fair," and said the lawsuits were without merit.

Wall Street Journal, The | 5/23 Bookmark and Share

This story published in USTelecom dailyLead® on 05/23/2007





Get stories like these delivered daily for FREE:
USTelecom dailyLead®
Designed specifically for telecommunications executives like you, USTelecom dailyLead® is a FREE daily e-mail newsletter. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition. Learn more