More on TPI

It appears next week is the deadline for initial bids on the Spanish publisher Telefonica Publicidad e Informacion, and there are reported to be five suitors: PagesJaunes (France Telecom), Yell Group and three private equity consortia.

Saw this today on Bloomberg News:

"France Telecom SA may be active. Europe’s second-biggest phone company and Yell Plc are among five groups of bidders for Telefonica Publicidad e Informacion SA, Expansion said, without saying how it got the information."

And on Forbes.com:

"TPI put on 0.24 or 2.54 pct to 9.68, but off a high of 9.74, on reports March 23 is the deadline for non-binding offers for the yellow pages company, with France Telecom, Yell and 3 consortia of private equity firms in the frame as bidders. "

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