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NEW YORK, September 3, 2004 The Hearst Corporation has agreed to purchase White Directory Publishers, Inc., the fourth-largest independent yellow pages publisher in the United States. The announcement was made by Victor F. Ganzi, president and Chief Executive Officer of The Hearst Corporation, and George B. Irish, president of Hearst Newspapers. Veronis Suhler Stevenson, a New York-based merchant bank devoted to the media and communications industry, acted as White Directory Publishers' investment banking advisor in the transaction.
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