R.H. Donnelley Emerges from Bankruptcy as Dex One Corp.
February 1, 2010 | Contributed by: Neg Norton
We’re excited to share news that Yellow Pages publisher R.H. Donnelley, which we heard last month was close to exiting bankruptcy, has announced its emergence from Chapter 11 protection as the new Dex One Corporation.
In a press release this morning, the company introduced a new board of directors and its listing on the New York Stock Exchange under the ticker symbol “DEXO.”
Dex One chairman and CEO David C. Swanson stressed his company’s plans to further develop a hybrid range of advertising solutions including online and mobile search, print yellow pages directories, voice-search platforms and pay-per-click networks.
“We selected the Dex One name because it clearly communicates who we are and what we do – Dex, your trusted marketing partner for over a hundred years, and now, your One stop shop for getting your business exposed to active buying consumers whether they’re searching our robust suite of Dex products or on other major search sites or search engines,” Swanson said.
As we’ve noted, Dex One currently lists 11.5 million businesses online through its DexKnows.com Web site, supplies content for YellowPages.com, and has deals with search engines such as Google and Yahoo. The company is also beginning to offer online video advertising and reputation management for companies seeking to improve their online customer reviews.
For more information, read the full release here.