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Fri 07 Jul 2010'Golden Pages' holding firm files for US bankruptcy
TRUVO USA, the holding company for the Golden Pages and Truvo.ie directory site in Ireland, has filed for US bankruptcy protection with a plan to turn the company over to senior lenders, including AIB, according to court documents. The company publishes and distributes the Eircom phone book under contract.
The recent recession accelerated a shift among advertisers away from Truvo’s printed yellow- and-white-pages directories in Belgium, Ireland and Portugal to the internet, it said yesterday.
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