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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.

 

AT&T in Talks to Sell Yellow Pages Stake

Yellow Pages

AT&T is in talks to sell a majority stake in its Yellow Pages business to Cerberus, in a deal that would value the business at as much as $1.5 billion. TPG has also held talks about buying the business.

 

San Francisco Moves to Ban Yellow Pages

San Francisco Moves to Ban Yellow Pages

The city would continue its environmental initiatives by forbidding phone-book distributors from delivering the Yellow Pages without obtaining prior consent from homes and businesses.

 

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