David Faber / CNBC:

Verizon in Talks to Buy Alltel for $27 Billion  —  Verizon is deep in talks to acquire Alltel, the nation’s fifth largest wireless carrier, for roughly $27 billion, people close to the talks have told CNBC.  —  Alltel was only recently taken private by TPG and Goldman Sachs Capital Partners in a $27.5 billion deal.