The Two Sides of Verizon's Deal Making

Verizon Communications Inc. boss Ivan Seidenberg may be one of the best deal makers of his time, or one of the worst. Today, three of Verizon’s most significant divestitures are either in bankruptcy or near it. As they say on Wall Street, it all depends on what side of the trade you’re on.

Yellow Pages Companies Sinking Into Oblivion

For a vivid reminder of the way the Internet–combined with a vicious recession–can destroy a well-established industry, consider today’s news from the collapsing Yellow Pages business.