Bloomberg News

AT&T Sells Majority Stake in Yellow Pages

April 09, 2012

AT&T Inc. (T:US) agreed to sell a majority stake in its Yellow Pages directory division to Cerberus Capital Management LP for about $950 million as part of an effort to dispose of units that are holding back revenue growth. Bloomberg’s Cristina Alesci reports on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)

Running Time: 02:40


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