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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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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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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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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