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fAcEtIOUs
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join:2002-03-03
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reply to Madness

Re: RE: Verizon Wireless completes Alltel purchase, will begin

said by Madness:

I'm curious about this: Verizon payed $5.9B for a company w/ $22.2B in debt. Are they going to be responsible for that now that they own Alltel? It would seem so to me (unless they're going to find a way to write it off!).
They will be responsible for the debt.
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