Phone-book publisher RH Donnelley Corp. said Monday it has agreed to buy its larger counterpart Dex Media Inc. for $4.2 billion in stock and cash.
Under the agreement, Donnelley will pay $12.30 in cash and 0.24154 common shares for each share of Dex, or a total of $1.85 billion in cash and 36.4 million shares of Donnelley. Shareholders of Donnelley and Dex will own 47 percent and 53 percent of the combined company, respectively.
