ALLTEL Sells Fidelity National Financial Stock Holdings.LITTLE ROCK, Ark. -- ALLTEL (NYSE NYSE See: New York Stock Exchange : AT) today announced that it has sold all of its shares of Fidelity National Financial common stock to Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. . The transaction, valued at approximately $350 million, was completed yesterday. ALLTEL acquired the Fidelity National Financial stock in 2003 as partial consideration for the sale of ALLTEL's information services See Information Systems. business to Fidelity National. ALLTEL is a customer-focused communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. with more than 13 million customers and $8 billion in annual revenues. ALLTEL provides wireless, local telephone, long-distance, Internet and broadband services to residential and business customers in 26 states. ALLTEL, NYSE: AT www.alltel.com |
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