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Italy’s Seat PG Says Unable to Pay Debts

Seat Pagine Gialle, Italy's leading directory publisher, has announced it is insolvent and unable to meet its debt obligations. Specifically, the company was not able to meet its 2013 debt obligations totaling 200 million euros. Seat will now seek protections…

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Seat Reeling From Death of CEO

The staff of Italy's leading directory publisher, Seat Pagine Gialle, is in a state of shock following the sudden death last week of its popular CEO, who is credited with saving the company from collapse. Alberto Cappellini died March 25 from…

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U.K.’s Thomson Local Gets New CEO

Thomsonlocal.com, the U.K. local print and online directories company owned by Italy's Seat PG, has changed CEOs. Effective April 1, Elio Schiavo will move over to run Seat's Telegate (directory assistance) operation full time. Schiavo has recently been dividing his…

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