Alltel sets July 21 for Western Wireless shareholders to vote on merger.(News)

RCR Wireless News, July, 2005

Byline: JEFFREY SILVA

Alltel Corp. set a July 21 deadline for Western Wireless Corp. shareholders to vote in favor of Alltel's pending acquisition of Western Wireless if they want to receive consideration in cash or shares of Alltel common stock. Alltel noted that Western Wireless shareholders who miss the deadline will have no input into the consideration they will ultimately receive.

Alltel previously had reported that each share of Western Wireless stock will be exchanged for 0.535 shares of Alltel common stock and $9.25 in cash, and that Western Wireless shareholders would have the ability to make an all-stock or all-cash election. In aggregate, Alltel said it will issue about 60 million shares of stock and pay about $1 billion in cash....

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