RHD Reported in Pursuit of Dex
The Wall Street Journal reported this morning that RH Donnelley is in talks to acquire Dex Media, an acquisition that would propel RHD into the third position in the US directories market, behind SBC and Verizon, ahead of BellSouth and YellowBook.
The Kelsey Report will issue an Advisory that explores the possibilities this deal represents, including the broader implications for the Yellow Pages industry. It is important to note that the deal is far from a certainty, based on the reporting out today. Dex Media CEO George Burnett will speak at a Goldman Sachs investor conference this afternoon, and we will listen in to hear what he has to say.
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As expected, George Burnett declined to comment on these reports today while speaking at a Goldman Sachs investor conference.