RHD Nearing Bankruptcy Exit

The court has now cleared the way for R.H. Donnelley Corp to exit bankruptcy. The company entered bankruptcy last May. The reorganization allows it to get rid of just over $6 billion in debt.

According to Reuters, “the Cary, North Carolina, company will emerge from bankruptcy later this month with $125 million of cash and $3.4 billion in debt.”

Among other assets RHD owns DexKnows.com and Business.com.

Superpages’ parent SuperMedia (formerly Idearc) also just came out of bankruptcy.


One Response to “RHD Nearing Bankruptcy Exit”

  1. Bankruptcy Blog Says:

    This is some good information, I just finished up my paper for school and think I should go re-edit it lol. You may have just made me a regular 🙂

Comments are closed.

%d bloggers like this: