Friday, November 05, 2004

BellSouth, SBC Buy YellowPages.com

From: InternetNews.com

The two companies have agreed to acquire YellowPages.Com Inc., an independently owned online directory publisher, for slightly less than $100 million, according to people close to the situation.

The new jointly owned entity will be called YellowPages.com, which the companies plan to fashion into a nationwide online directory expected to draw more than 50 million online consumer searches a month, the companies said.