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R.H. Donnelley buying Dex Media

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NEW YORK, Oct 3, 2005 (UPI via COMTEX) -- R.H. Donnelley Corp. said Monday it would pay $4.2 billion for fellow U.S. yellow-pages publisher Dex Media.

The cash-and-stock deal calls for Donnelley to assume Dex Media's debt, estimated at about $5.3 billion, MarketWatch reported.

About $1.85 billion of the deal will be in cash.

Upon completion, the merger will result in the third-largest Internet and print directory company, with estimated yearly revenues of $2.7 billion from operations in 28 states.


Copyright 2005 by United Press International **********************************************************************

As of Thursday, 09-29-2005 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 08-25-2005 for RHD @ $65.82.

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