What changed
Thryv Holdings entered a definitive agreement to sell its print directories business, including Print Yellow and White Pages in the United States, Australia, and New Zealand, to Carolwood L.P. for total consideration of $142 million in an all-cash transaction. The company intends to use net proceeds to repay outstanding debt and other liabilities. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions. Thryv's Internet Yellow Pages and other online properties are excluded and will be retained.
Why it matters
Thryv Holdings entered a definitive agreement to sell its print directories business, including Print Yellow and White Pages in the United States, Australia, and New Zealand, to Carolwood L.P. for tot