Verizon Wireless says it is moving forward with plans to acquire Alltel Corp. for $28.1 billion, although the country’s financial climate has worsened since the companies reached an agreement four months ago.A major ratings firm (Fitch Ratings) that evaluates a companies financial strength for world credit markets isn’t so sure of the deal… they noted:

“Considering the size of this deal, it would be surprising that Verizon would enter something with such significant risk that it really threatens to preclude this deal from closing…”

All reports have this deal closing in the near future, but the skeptics are out. We’ll have to see how this goes down.

Via: Yahoo! News