Yellow Pages Income Fund
Encyclopedia
Yellow Media is a Canadian
income trust
which is a publisher of printed and online telephone directories and classified advertising
through its subsidiaries Yellow Pages Group
and Trader Corporation
. The company was founded following the buyout of Bell Canada's
directory business and subsequently acquired SuperPages Canada, the directory publisher for Telus
.
In October 2008, Yellow Pages was named one of "Canada's Top 100 Employers
" by Mediacorp Canada Inc. and was featured in Maclean's
newsmagazine, the only directory publisher to receive this honour.
In March 2011, Yellow Pages sold Trader Corporation to funds advised by APAX Partners for $745 million.
The fund is part of the S&P/TSX Composite Index
. Its headquarters is located on Nuns' Island
in Montreal
, Canada
.
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
income trust
Income trust
An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties. The trust can receive interest, royalty or lease payments from an operating entity carrying on a business, as well as dividends and a return of capital.The main attraction of income...
which is a publisher of printed and online telephone directories and classified advertising
Classified advertising
Classified advertising is a form of advertising which is particularly common in newspapers, online and other periodicals which may be sold or distributed free of charge...
through its subsidiaries Yellow Pages Group
Yellow Pages Group
Yellow Pages Group is a Canadian directory publisher. YPG published its first directory in 1908. YPG is the incumbent directory publisher in Québec, Ontario, Manitoba, Alberta, British Columbia, the Territories and Atlantic Canada...
and Trader Corporation
Trader Corporation
Trader Corporation is a Canadian print and online publisher. The company was formed in June 2006 with the integration of Classified Media Holdings Inc. and Trader Media Corporation . The two companies were acquired by Yellow Pages Income Fund that same year...
. The company was founded following the buyout of Bell Canada's
Bell Canada
Bell Canada is a major Canadian telecommunications company. Including its subsidiaries such as Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for telephone and DSL Internet services in most of Canada east of Manitoba and in the northern territories,...
directory business and subsequently acquired SuperPages Canada, the directory publisher for Telus
TELUS
Telus is a national telecommunications company in Canada that provides a wide range of telecommunications products and services including internet access, voice, entertainment, video, and satellite television. The company is based in Burnaby, British Columbia, part of Greater Vancouver...
.
In October 2008, Yellow Pages was named one of "Canada's Top 100 Employers
Canada's Top 100 Employers
Canada's Top 100 Employers is an annual competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions and progressive human resources policies. Winners are...
" by Mediacorp Canada Inc. and was featured in Maclean's
Maclean's
Maclean's is a Canadian weekly news magazine, reporting on Canadian issues such as politics, pop culture, and current events.-History:Founded in 1905 by Toronto journalist/entrepreneur Lt.-Col. John Bayne Maclean, a 43-year-old trade magazine publisher who purchased an advertising agency's in-house...
newsmagazine, the only directory publisher to receive this honour.
In March 2011, Yellow Pages sold Trader Corporation to funds advised by APAX Partners for $745 million.
The fund is part of the S&P/TSX Composite Index
S&P/TSX Composite Index
The S&P/TSX Composite Index is an index of the stock prices of the largest companies on the Toronto Stock Exchange as measured by market capitalization. The Toronto Stock Exchange listed companies in this index comprise about 70% of market capitalization for all Canadian-based companies listed on...
. Its headquarters is located on Nuns' Island
Nuns' Island
Nuns' Island is an island that forms a part of the city of Montreal, Quebec. It is part of the borough of Verdun.-Geography:The 3.74 km² island is part of the Hochelaga Archipelago in the St. Lawrence River...
in Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
.