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Just saw this Associated Press article that indicates a compromise may be in the offing to get the AT&T-BellSouth merger approved. The deal had been held up by the objections of Democrats on the Federal Communications Commission. The agreement may lead to approval of the merger as early as this week.

Once it happens, the merger will create in its wake a US$5.8 billion directory publishing company by combining AT&T Directory Operations and BellSouth Advertising & Publishing Group.

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