| | ABC News: Yell Group to Buy TransWestern for $1.53B (Site not responding. Last check: 2007-10-25) |
 | | Yell said its U.S.-based business, Yellow Book U.S.A. Inc., has agreed to buy TransWestern from private equity groups Thomas H. Lee Partners, CIVC Partners, LLC and TransWestern's management. |
 | | Yell, which publishes Britain's Yellow Pages and is the largest independent U.S. directory publisher, said it had long targeted TransWestern as a takeover target because of the U.S. group's coverage in 25 states, including core positions in California and Texas. |
 | | Yell, which is facing a competition probe by British regulators, said its acquisition of TransWestern will enhance earnings in the first full year after completion and will deliver annual cost savings of about 37.5 million pounds ($69.05 million) in the third full year of ownership. |
| abcnews.go.com /Business/wireStory?id=764337&CMP=OTC-RSSFeeds0312 (358 words) |