Distress sale? | Arkansas Blog

Distress sale?

by

comment
Roby Brock at Talk Business digs up a regulatory filing that indicates the coming credit crunch -- which limited growth potential of the heavily leveraged Alltel after investors bought it -- prompted the sale to Verizon. Whatever the situation, there's not much distress indicated in the whopping bonuses arranged for Alltel insiders.


Sign up for the Daily Update email

Add a comment