US phone company Alltel has agreed to buy Western Wireless for $6 billion to expand its customer base in the West of the country and become the fifth-largest U.S. wireless carrier. Alltel, which primarily courts rural customers, said in a statement it would offer $9.25 in cash and 0.535 of an Alltel share for each Western Wireless share. Alltel said that in total it would issue about 60 million shares, pay $1 billion in cash and assume $1.5
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