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VNU explores options for Directories group

Published on .

Haarlem, the Netherlands--VNU announced Tuesday that it plans to explore strategic options for its Directories group, including a possible sale of the business.

The company said it is making the move to concentrate on its core marketing, media measurement and business information businesses. VNU World Directories produces telephone and Yellow Pages directories in Belgium, the Netherlands, Ireland, Portugal, Romania, Puerto Rico and South Africa.

VNU said it would use at least half the proceeds of any divestiture to repay debt.

--Sean Callahan

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