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Verizon gets OK to buy Alltel

Published 10/31/2008, The Jamestown Sun

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 nation’s largest wireless carrier. Verizon Wireless, a joint venture between Verizon Communications Inc. and Britain’s Vodafone Group PLC, already has agreed to the government’s condition that it sell assets in 22 states.

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