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AT&T Completes YP Sale

AT&T has finalized the sale of 53 percent of its Yellow Pages operation to the private equity firm Cerberus Capital, which has launched YP Holdings LLC. The new company will be led by newly appointed CEO David Krantz, who had…

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AT&T Opens Door to YP Sale

On yesterday's AT&T earnings call, CEO Randall Stephenson opened the door to the possibility that the telecom giant would sell off its directories business. Here is what Stephenson said on yesterday's earnings call: "That's one area that we're going to…

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Zvents Sold to eBay’s StubHub

The events listings space has taken a number of twists and turns with Zvents trying to steer people to retail events as a business model, and also become a media driver in its own right; Eventful focusing more and more…

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Yodle Acquires ProfitFuel, Expands Reach to SMBs

Yodle, a third-party SMB reseller, announced yesterday that it acquired ProfitFuel, a company that provides search engine optimization services to small businesses, for an undisclosed sum. David Rubin, previously CEO of Profitfuel, will now join Yodle as senior vice president…

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YPG Sells Trader Business

Canada's Yellow Media announced today that it has sold its Trader Corp. vertical media business to the private equity firm Apax Partners for C$745 million. The deal lets YPG focus on transforming its core directories business and the cash helps improve the…

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Reply.com Buys AdHubs, Will Add Mobile App Strategy

Reply.com has carved out a niche among online marketing companies by offering an auction marketplace for locally targeted consumer traffic for various verticals (home improvement, autos, real estate, insurance, etc.). Now, it is set on building a mobile strategy. The…

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AOL Buys Huffington Post; Huffington to Run AOL Local

AOL will buy The Huffington Post for $300 million in cash and $15 million in stock, and put Arianna Huffington in charge of the AOL Local sites (MapQuest, Patch, MovieFone) as well as its growing collection of opinionated tech and…

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Local.Com Buys Group Buying Start-Up

Local.com, which recently introduced an integrated coupon and sales platform as part of its relaunch, has announced that it will enter the group buying/deal-a-day space via the acquisition of iTwango, a Los Angeles-based start-up that launched in October. The company,…

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MerchantCircle Buys Scheduling Company

Scheduling is seen as the next wave of  online marketplace services for SMBs, encouraging sticky usage, premium features and, in some cases,  highly contextual advertising. Scheduling vendors such as Agendize, Full Slate, MaxiPage and X Time are actively syndicating solutions.…

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FreshGuide.com Acquired; Eyes Expansion in 34 Markets

FreshGuide.com, which includes the BookFresh.com scheduling service, has been acquired by Sugar Inc., a diversified media company that includes a TV network and programming aimed at women, as well as ShopStyle, a “social shopping service.” FreshGuide.com founder Ryan Donahue says…

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Cox Sells 25% of AutoTrader.com

Cox Enterprises has sold 25 percent of AutoTrader.com to Providence Equity Partners, a company that manages $22 billion in its portfolio and whose Web site says it likes to take equity shares “between $250 million and $2.5 billion.” Terms were…

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Is a Sale of YPG-NZ on the Horizon?

Regional press reports suggest that Yellow Pages Group New Zealand may be up for sale.  The company was scooped up by private equity buyers (CCMP Capital Asia and Ontario Teachers’ Pension Plan) in March 2007 for more than NZ$2 billion.…

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