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R.H. Donnelley Buys Business.com Domain Name: WSJ
By: Reuters | 26 Jul 2007 | 05:18 AM ET
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Telephone-directory company R.H. Donnelley clinched a deal for Web-based marketing
directory Business.com Inc. for between $340 million and $360 million, The Wall Street Journal Online reported on Thursday.

Donnelley beat out rival suitors Dow Jones [DJ  Loading...      ()   ] and New York Times [NYT  Loading...      ()   ] for Business.com, according to the report, which cited a person familiar with the transaction.

The Santa Monica, California company has cash flow of about $15 million, the Journal said.

Business.com was not immediately available to comment. A Donnelley [RHD  Loading...      ()   ] spokesman declined comment.

Copyright 2009 Reuters. Click for restrictions.
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Current DateTime: 03:20:02 08 Nov 2009
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