Private-equity firm Cerberus Capital Management is buying half of AT&T Corp.’s directories business in a deal that values the whole enterprise at almost $2-billion (U.S.), suggesting Yellow Media is worth more than bond markets are pricing in.

http://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/cerberus-deal-sets-the-bar-for-yellow-media-bondholders/article2396301/     Home » Investing » Investment Ideas » Streetwise   Enlarge this image Cerberus deal sets the bar for Yellow Media bondholders BOYD ERMAN From Tuesday’s Globe and Mail Posted on Monday,…

Yellow Media creditors seek control: reports

http://business.financialpost.com/2012/04/04/yellow-media-creditors-seek-control-reports/ Yellow Media creditors seek control: reports Bloomberg News  Apr 4, 2012 – 10:41 AM ET Comments Email Twitter inShare Yellow Media Inc.’s bondholders are seeking to take over the phone directories…