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Non-Tech : Auric Goldfinger's Short List

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From: scion	5/20/2007 9:55:55 PM
	of 19428

TPG, Goldman Near Deal to Acquire Alltel By DENNIS K. BERMAN May 20, 2007 9:39 p.m. Texas Pacific Group and the private-equity arm of Goldman Sachs were Sunday night in the final stages of negotiating a purchase of wireless operator Alltel Corp. for about $25 billion, four people familiar with the matter said. The deal, which is expected to be announced soon, would mark the largest foray yet of private-equity money into the wireless business. And it could signal still more ambitious gambits by buyout shops, who have been eyeing embattled Sprint Nextel Corp. The buyers are expected to pay about $71.50 per share for the Little Rock, Ark.-based company, people familiar with the matter said. That represents a price of about 10% higher than where the shares traded on Friday, and about 23% higher than where its shares traded in late December, when the Wall Street Journal first identified it as a buyout target. Write to Dennis K. Berman at dennis.berman@wsj.com1 URL for this article: online.wsj.com Hyperlinks in this Article: (1) mailto:dennis.berman@wsj.com

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