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Business.com Finds a Buyer with Yellow Pages Publisher |
| Thursday, July 26, 2007 |
A few weeks back, we mentioned that the business.com was for sale. Well it looks like they have found a purchaser. According to various reports including CNN Money it appears that R.H. Donnelley Corporation, publisher of Yellow Pages has signed a definitive agreement to acquire Business.com.
The domain name was acquired for $345 million in cash. Business.com employs approximately 100 highly-skilled technologists, strategists and businesspeople and serves more than 6,000 business-to-business advertisers and their agencies. The company is profitable and is expected to generate revenues of greater than $50 million in 2007.
R.H. Donnelley's integrated marketing solution provides comprehensive print Yellow Pages, Internet Yellow Pages and search engine marketing/search engine optimization (SEM/SEO) tools for local businesses to attract ready-to-buy customers.
Official Business.com Site
Official R.H. Donnelly SiteLabels: business.com |
posted by Jody @ 7:52 AM   |
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