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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.
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