R.H. Donnelley to acquire

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Cary, N.C.—R.H. Donnelley Corp., a Yellow Pages and online commercial local search company, said Thursday that it has signed a definitive agreement to acquire, a business search engine and pay-per-click advertising network, for $345 million in cash. The deal includes online properties, and the Advertising Network. has distribution partnerships with,, and other leading business properties. The New York Times and Dow Jones & Co. had reportedly been in pursuit of Upon completion of the deal, expected in the third quarter, founder and CEO Jake Winebaum will become president of Donnelley’s interactive unit.
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