Kirkland Guides Dex One In All-Stock SuperMedia Deal

Law360, New York (August 21, 2012, 3:39 PM EDT) -- Digital yellow page publishers Dex One Corp. and SuperMedia Inc. are teaming up in an all-stock merger to create a national heavyweight provider of both local and digital marketing services for small businesses, the companies announced Tuesday.

The deal gives current Dex One shareholders one-fifth of a share of the new company, to be dubbed Dex Media, for each share currently owned, while Super Media shareholders will receive 0.4386 shares for each current stock unit. After the transaction, Dex One will own about 60 percent of...
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