UPDATE 1-TPG, Goldman unit, to buy Alltel in $25 bln deal

(Reuters) - TPG Capital and GS Capital
Partners will acquire Alltel for $71.50 per share in cash, the
company said.




Alltel's stock closed at $65.35 on Friday, with its shares
steadily climbing throughout the year on speculation of a
buyout.


Read more at Reuters.com Mergers News