Top 10 2007: Alltel Sold by Arkansas Business Staff Posted 12/24/2007 12:00 am Updated 6 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 articles older than 15 days. Articles newer than 15 days are not included in this offer. Purchase Now Already have archive access? Login to view this article.