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FCC Green-Lights AT&T-BellSouth Merger

With little time to spare in the current year, the U.S. Federal Communications Commission has approved the merger of AT&T and BellSouth. This clears the way for the creation of a US$5.8 billion directory publishing entity, which will cover much…

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Welsh Carson on Holiday Shopping Spree

For the second time in two days, Welsh, Carson, Anderson & Stowe has purchased a Yellow Pages business. Yesterday, Local Insight Media, a portfolio company of WCAS, bought "100 percent of the membership interests" of CBD Media Holdings from Spectrum…

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A New Player on the Directory Stage

Local Insight Media, a company formed by the private equity firm Welsh, Carson, Anderson & Stowe, has acquired 100 percent of CBD Media Holdings, owner of Cincinnati Bell Yellow Pages. Here is the press release. Local Insight has been scooping…

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