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UPDATE 1-AT&T to sell Yellow Pages stake to Cerberus

09.04.2012. | April 9 (Reuters) - AT&T Inc said on Monday that it would sell a 53 percent stake in its declining Yellow Pages business to private equity firm Cerberus Capital Management LP [CBS.UL} in a deal worth $950 million including debt, allowing AT&T to focus on its core telephone business....


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