Top 10 2007: Alltel Sold by Arkansas Business Staff Posted 12/24/2007 12:00 am Updated 4 years ago Alltel Corp. of Little Rock announced in May that it would be sold to two private equity funds for $27.5 billion. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 15 days. Purchase Now Already have archive access? Login to view this article.