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.

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BING NEWS:
  • AT&T to sell Yellow Pages business
    Private equity investor to pay $950m for 53% of classified phonebook business, but AT&T retains 47% Private-equity firm Cerberus Capital Management will acquire a majority stake in AT&T’s Yellow Pages business for $950 million in debt and cash.
    04/10/2012 - 1:00 pm | View Link
  • AT&T to sell Yellow Pages
    AT&T Inc. will sell a majority stake in its Yellow Pages business to private-equity firm Cerberus Management LP for $950 million in cash and debt. The Wall Street Journal reported that the telecommunications company will receive $750 million in cash and a ...
    04/9/2012 - 7:16 pm | View Link
  • 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 - 8:39 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
  • 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
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    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.
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    As a result, SBC Yellow Pages was renamed AT&T Yellow Pages, ... The sale makes AT&T the last Bell System-related spin off to sell off its yellow pages business.
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  • AT&T to Sell Most of Yellow Pages to Cerberus
    AT&T Inc. agreed to sell a majority stake in its Yellow Pages directory division to Cerberus Capital Management L.P. for about $950 million. Cristina Alesci reports ...
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  • AT&T sells major stake in Yellow Pages
    On Monday, AT&T announced plans to sell a major stake in the Yellow Pages to private equity firm Cerberus Capital Management, L.P.
    04/9/2012 - 2:10 pm | View Website
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