Read more Texas Pacific Group stories on Newserhttp://www.newser.com/taggrid/2090/texas-pacific-group.htmlhttp://img1-cdn.newser.com/images/newser-black250x40.gifhttp://www.newser.com/2012 - Newseren-usNewser Feed GeneratorThu, 24 May 2012 15:06:27 CDThttp://www.newser.com/story/2364/private-equity-binge-goes-wireless.htmlJ. Kelman<img src='http://img2-cdn.newser.com/getimage.aspx?mediaid=4969&width=45&height=45&crop=Y&updateddate=20110401035017' border='0' />A consortium led by the Texas Pacific Group and Goldman Sachs yesterday snapped up the nation's fifth-largest wireless provider for $27.5 billion, the largest telecom buyout ever. The $71.50 per share offer for Alltel awaits shareholder and regulatory approval and comes weeks before a scheduled auction for the...An Alltel Corp., sign is displayed on one of the buildings at the company's headquarters in Little Rock, Ark., Monday, May 21, 2007. A pair of investment firms agreed to acquire Alltel , the fifth-biggest U.S. wireless company and owner of the nation's largest geographic network, in a deal worth $24.8 billion. (AP Photo/Danny Johnston)http://www.newser.com/story/2364/private-equity-binge-goes-wireless.htmlMon, 21 May 2007 10:18:06 CDT