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.

This entry was posted on January 13, 2010 at 4:23 pm and is filed under Internet Yellow Pages, Local Search, Traditional media. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “RHD Nearing Bankruptcy Exit”

Bankruptcy Blog Says:
January 14, 2010 at 6:20 am
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 🙂

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RHD Nearing Bankruptcy Exit

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One Response to “RHD Nearing Bankruptcy Exit”