R.H. Donnelley to buy Business.com for $345 mln
July 26 (Reuters) - Yellow pages publisher R.H. Donnelley Corp. (RHD.N: Quote, Profile, Research, Stock Buzz) said it agreed to acquire Business.com, a Web-based marketing directory, for $345 million in cash and deferred purchase consideration.
Business.com is expected to generate revenues of greater than $50 million in 2007, the company said in a statement.
The deal is expected to close in the third quarter, it added.
(Reporting by Shailesh Kuber in Bangalore)
((Editing by Jarshad Kakkrakandy; Reuters Messaging: shailesh.kuber.reuters.com@reuters.net; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: BUSINESSDOTCOM TAKEOVER/RHDONNELLEY
(C) Reuters 2007. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nWNAS7892
© Thomson Reuters 2008 All rights reserved
Help us advance this story. Provide relevant links or share your insights using our comment box. Please be considerate and help us by reporting any abuse you find. Reuters will delete comments that don't meet community standards.
Have a correction to this article? Email the editors
Tech Week
Bush: G7 needs coordination