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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
June 6, 2008
NEW YORK — Verizon Wireless has agreed to buy Alltel Corp. for $5.9 billion, which would make it by far the largest cellular carrier in the U.S. Verizon Wireless would also assume $22.2 billion in debt in the deal, bringing the total value to $28.1 billion, the parties said....