AT&T to Sell Most of Yellow Pages to Cerberus

AT&T to Sell Most of Yellow Pages to Cerberus Play

April 9 (Bloomberg) -- AT&T Inc. 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. Cristina Alesci reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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