Verizon Communications Inc.’s(VZ) purchase of Alltel Corp. really is a go now that Verizon’s secured $17 billion in credit to finalize the transaction.
Some outlets think the credit coup signifies a change for the better in the economy, but really, if anyone could squeeze loans out of the financial market, it’s a behemoth like Verizon.
Verizon got final regulatory approvals yesterday from the Federal Trade Commission.
