13.8 Qwest Communications agreed to sell its slow but steadily growing yellow pages business, QwestDex, to a

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13.8 Qwest Communications agreed to sell its slow but steadily growing yellow pages business, QwestDex, to a consortium led by the Carlyle Group and Welsh, Carson, Anderson, and Stowe for $7.1 billion. Why do you believe the private equity groups found the yellow pages business attractive? Explain the following statement:

“A business with high growth potential may not be a good candidate for an LBO.” (Appendix)

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