10 Most Successful LBOs and Private Equity Buyouts in History

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3. Alltel

Year: 2007
Nominal value: $27 billion
Value in 2017 dollars: $32.64 billion
Buyer: TPG Capital and Goldman Sachs Private Equity

The Alltel LBO represents a sound example of a successful buyout. The company was bought in 2007, dusted up and sold to Verizon Communications Inc. (NYSE:VZ) for more than $1 billion profit less than a year later, making Verizon Communications Inc. (NYSE:VZ) the largest mobile provider in the U.S.

Follow Verizon Communications Inc (NYSE:VZ)

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