Alltel Sets Election Deadline for Western Wireless Shareholders
July 12 2005 - 11:40AM
Business Wire
Alltel (NYSE: AT) today announced that Western Wireless
shareholders will have until 5 p.m. EDT on July 21, 2005, to make
an election to receive the merger consideration in cash or shares
of Alltel common stock, subject to pro-ration. The Western Wireless
shareholders must deliver to Computershare Trust Co. of New York,
the exchange agent, properly completed forms of election, together
with their stock certificates, by the deadline. Western Wireless
shareholders who miss the deadline will have no input into the
consideration they will ultimately receive. The election results
regarding the merger consideration will be announced as soon as
possible after the election deadline. Western Wireless shareholders
may obtain additional copies of the form of election and the form
of notice of guaranteed delivery by contacting Computershare Trust
at 1-800-245-7630. Western Wireless shareholders whose shares are
held in their brokers' name should contact their brokers for
instructions. Alltel is a customer-focused communications company
with more than 13 million customers in 27 states and $8 billion in
annual revenues. Alltel claims the protection of the safe-harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are
subject to uncertainties that could cause actual future events and
results to differ materially from those expressed in the
forward-looking statements. These forward-looking statements are
based on estimates, projections, beliefs, and assumptions and are
not guarantees of future events and results. Actual future events
and results may differ materially from those expressed in these
forward-looking statements as a result of a number of important
factors. Representative examples of these factors include (without
limitation) adverse changes in economic conditions in the markets
served by Alltel and Western Wireless; the extent, timing, and
overall effects of competition in the communications business;
material changes in the communications industry generally that
could adversely affect vendor relationships with equipment and
network suppliers and customer relationships with wholesale
customers; changes in communications technology; the risks
associated with pending acquisitions and the integration of
acquired businesses; adverse changes in the terms and conditions of
the wireless roaming agreements of Alltel and Western Wireless; the
uncertainties related to Alltel's strategic investments; the
effects of litigation; and the effects of federal and state
legislation, rules, and regulations governing the communications
industry. In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general
factors including (without limitation) general industry and market
conditions and growth rates, economic conditions, and governmental
and public policy changes. Alltel, NYSE: AT www.alltel.com
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