Verizon takes step closer to selling or spinning off phone directory business

摘要

Verizon Communications,America's largest directory book publisher,plans a "spin-off,a sale,or other transaction,or combination of these alternatives" to its shareholders for its print and Internet directory publishing unit.Sources said the sale of Verizon's directory business could generate 16 billion.The sale is expected to rank as the largest in value among phone directory publishers.