At&t To Sell Most Of Yellow Pages To Cerberus

AT&T Inc. on Monday said that it had agreed to sell a majority stake in its Yellow Pages business to the private-equity firm Cerberus Capital for $950 million.

RELATED ARTICLES
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billionMicrosoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • Bayer to pay $1.1B for California firm Conceptus
    Germany drug company Bayer AG says it intends to buy California-based Conceptus to expand its birth control offerings. Bayer said Monday it would launch a pupublicblic offer to pay $31.00 per share for all the stock in Conceptus, Inc. That means Bayer would pay $1.1 billion. More
  • Customers avoid Sprint in 1Q as suitors circleCustomers avoid Sprint in 1Q as suitors circle
    The flow of new customers to Sprint stopped in the latest quarter, the company reported Wednesday as it weighed the offers of two corporate suitors. Sprint Nextel Corp., the country's third-largest cellphone carrier, said it added a net of just 12,000 customers to its Sprint brand in the quarter, and it would have lost 252,000 if it wasn't for Nextel customers moving over now that their network is being shut down. More
  • Why Did LinkedIn Acquire Pulse For $90 Million?
    Content has become a large initiative on LinkedIn’s web property, but it hasn’t translated as well to its mobile apps. More users are shifting to mobile, and as the Pulse team was mostly focused on mobile, they can contribute to LinkedIn’s content efforts specifically on mobile platforms. More
  • Thousands urge Verizon to nix contractsThousands urge Verizon to nix contracts
    A movement urging Verizon to get rid of wireless contracts appears to be gaining steam. A petition calling for the carrier to end contracts for smartphones and "create an affordable way for consumers to purchase their devices" had attracted more than 55,000 signatures by midday Tuesday on Change.org, the online petition platform. More
BING NEWS:
  • AT&T to Sell Yellow Pages
    AT&T (NYSE:T) has brokered a $950 million deal with Cerebrus Capital Management for 53% ownership stake of its Yellow Pages subsidiary ... AT&T isn’t the first telecom to sell a phone book subsidiary. Verizon (NYSE:VZ) sold its printed phone directory ...
    04/9/2012 - 9:39 am | View Link
  • AT&T ditches the Yellow Pages
    NEW YORK (CNNMoney) -- Here's another casualty of our increasingly digital era: The Yellow Pages. AT&T on Monday announced plans to sell its Yellow Pages business unit to private equity firm Cerberus Capital Management. As part of the deal, AT&T will ...
    04/9/2012 - 7:11 am | View Link
  • AT&T to sell most of Yellow Pages to Cerberus
    NEW YORK (AP) — AT&T Inc. on Monday said it agreed to sell a majority stake in its Yellow Pages business to the private-equity firm Cerberus Capital for $950 million. The sale is part of AT&T's strategy to jettison shrinking parts of its business so it ...
    04/9/2012 - 3:18 am | View Link
  • AT&T to Sell Yellow Pages to Cerberus
    AT&T Inc. said it planned to sell a majority stake in its Yellow Pages business to private-equity firm Cerberus Capital Management LP for $950 million in cash and debt, shedding one of its legacy businesses as wireless profits boom. The telecommunications ...
    04/9/2012 - 1:47 am | View Link
  • UPDATE 1-AT&T to sell Yellow Pages stake to Cerberus
    * Deal is for $750 mln in cash, $200 mln debt assumption * Yellow Pages business declining in Internet era * AT&T will keep 47 pct stake in Yellow Pages unit By Sinead Carew April 9 AT&T Inc said on Monday that it would sell a 53 percent stake in its ...
    04/9/2012 - 12:59 am | View Link
  • More
BING SEARCH:
  • Wholesale Plaque Kits | Plaque Kit | Presenta Plaque
    Welcome to Presenta Plaque. Think back to the times that you were recognized for your accomplishments… Did those times make you a better team member, a better ...
    11/27/2016 - 3:05 am | View Website
  • Free Classifieds Ads In India Buy/Sell/Rent
    We are Social !!! We are your Free and most popular classified ad listing site. Become a free member and start listing your classified and Yellow pages ads within ...
    11/26/2016 - 3:59 pm | View Website
  • Knoxville Yellow Pages for Local Businesses in Knoxville ...
    Explore the Best Attractions in Knoxville. YP.com Has Knoxville Business Listings, Phone Numbers, Maps, Deals and More.
    11/26/2016 - 11:06 am | View Website
  • Best of Reno, NV
    Best of Reno, NV - Discover things to do in Reno, explore popular local business listings for coupons, user reviews & more...
    11/26/2016 - 7:24 am | View Website
  • Telephone History ... Antique Telephone & Collector's Items
    Telephone History Pages, Antique Telephone & Collector's Items from the Telecom Experts at sandman.com
    11/26/2016 - 3:56 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News