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R H Donnelley Corp

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NATIONAL
September 23, 2002 | From Times Wire Reports
R.H. Donnelley Corp., a yellow page marketer widely acknowledged to have published the first U.S. telephone directory, returned to its roots by agreeing to purchase Sprint Corp.'s phone book business for $2.23 billion in cash. The transaction would create the largest publicly traded phone book publisher, with more than 260 white and yellow page directories distributed to 18 million customers in 18 states.
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BUSINESS
July 27, 2007 | From Bloomberg News
R.H. Donnelley Corp., a publisher of Yellow Pages phone directories, agreed Thursday to buy Santa Monica-based search engine Business.com for $345 million. Cary, N.C.-based R.H. Donnelley said the acquisition might delay a dividend, sending the shares down the most in eight years. Business.com has 100 employees and will have revenue of $50 million this year, R.H. Donnelley said. The search engine serves more than 6,000 business-to-business advertisers. Jake Winebaum, chief executive of Business.
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BUSINESS
July 29, 2004 | From Bloomberg News
SBC Communications Inc. agreed to sell its stake in a Yellow Pages business in Illinois and northwest Indiana to R.H. Donnelley Corp. for $1.45 billion. Donnelley will buy SBC's share of a joint venture between the two companies that publishes 129 directories in the two states, SBC said. SBC said it would record an $850-million gain from the sale this quarter, when it expected the transaction to close.
BUSINESS
July 29, 2004 | From Bloomberg News
SBC Communications Inc. agreed to sell its stake in a Yellow Pages business in Illinois and northwest Indiana to R.H. Donnelley Corp. for $1.45 billion. Donnelley will buy SBC's share of a joint venture between the two companies that publishes 129 directories in the two states, SBC said. SBC said it would record an $850-million gain from the sale this quarter, when it expected the transaction to close.
BUSINESS
July 28, 1999 | Bloomberg News
R.H. Donnelley Corp., the largest independent marketer of yellow pages advertising, restated its earnings for 1997, 1998 and part of 1999 to change the way it records revenue for some directories in its agreement with Sprint Corp. R.H. Donnelley generates revenue from commissions on the sale of phone directory advertising and a share of income from the Sprint partnership, which publishes the directory. R.H. Donnelley restated 1998 earnings at $1.38 a share, and 1997 earnings at $1.
BUSINESS
July 27, 2007 | From Bloomberg News
R.H. Donnelley Corp., a publisher of Yellow Pages phone directories, agreed Thursday to buy Santa Monica-based search engine Business.com for $345 million. Cary, N.C.-based R.H. Donnelley said the acquisition might delay a dividend, sending the shares down the most in eight years. Business.com has 100 employees and will have revenue of $50 million this year, R.H. Donnelley said. The search engine serves more than 6,000 business-to-business advertisers. Jake Winebaum, chief executive of Business.
BUSINESS
August 31, 2002 | Bloomberg News
Thomas H. Lee Partners, Spectrum Equity Investors and R.H. Donnelley Corp. are the remaining bidders for Sprint Corp.'s telephone-book business, people familiar with the situation said. The companies have offered $1.75 billion to $2 billion for the business, and the winning bidder may be announced as early as next week, the people said. Sprint's shares Friday slipped 40 cents to close at $11.60 on the NYSE. They have fallen 42% this year.
BUSINESS
June 24, 2002 | Reuters
Qwest Communications International Inc. has postponed the final bidding deadline for its telephone directory business to allow buyers more time to develop proposals to acquire the unit in parts, sources familiar with the situation said. Binding bids for the operation, which could top $9 billion, were initially due today, but Qwest will now accept final offers up until July 12, several sources said.
BUSINESS
November 23, 2002 | From Bloomberg News
Texas-based homebuilder D.R. Horton Inc. sold $215 million of notes Friday, tapping a rise in demand for riskier debt with higher yields that made this the busiest week for corporate bond sales since March. The offering has ratings below investment grade and is one of about nine other so-called junk bond issues, totaling $2.1 billion, that have been completed this week.
BUSINESS
July 8, 2006 | From Reuters
Verizon Communications Inc. took the first step Friday toward shedding its phone directory business, a move that reflects its increasing focus on Internet and wireless communications. Verizon said it registered a possible spinoff of its print and Internet Yellow Pages business with the Securities and Exchange Commission. Analysts estimate the business to be worth $13 billion to $17 billion.
NATIONAL
September 23, 2002 | From Times Wire Reports
R.H. Donnelley Corp., a yellow page marketer widely acknowledged to have published the first U.S. telephone directory, returned to its roots by agreeing to purchase Sprint Corp.'s phone book business for $2.23 billion in cash. The transaction would create the largest publicly traded phone book publisher, with more than 260 white and yellow page directories distributed to 18 million customers in 18 states.
BUSINESS
July 28, 1999 | Bloomberg News
R.H. Donnelley Corp., the largest independent marketer of yellow pages advertising, restated its earnings for 1997, 1998 and part of 1999 to change the way it records revenue for some directories in its agreement with Sprint Corp. R.H. Donnelley generates revenue from commissions on the sale of phone directory advertising and a share of income from the Sprint partnership, which publishes the directory. R.H. Donnelley restated 1998 earnings at $1.38 a share, and 1997 earnings at $1.
BUSINESS
October 9, 2007 | Jessica Guynn, Times Staff Writer
san francisco -- When it comes to finding local products and services, consumers are increasingly letting their fingers do the clicking. Locally targeted search engines have replaced thick phone books as the starting point for millions of people seeking plumbers, personal injury lawyers or hair stylists. That trend is creating a big business opportunity for a slew of online players, including advertising start-ups, Internet giants and traditional yellow-pages publishers.
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