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Summary: TPG Capital and GS Capital Partners to acquire Alltel Corporation in a cash merger Verizon Wireless is a joint venture of Verizon Communications NYSE VZ and Vodafone NYSE and LSE VOD Under the terms of the agreement Verizon Wireless will acquire the equity of Alltel for approximately $5 9 billion Based on Alltel s projected net debt at closing of $22 2 billion the

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