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Transactions and Cases

MTS Allstream reaches agreement to sell its directories business for C$281 million 

Torys is representing MTS with a team that includes Matt Cockburn, Mike Amm, Rima Ramchandani and Allen Yi (corporate); Jay Holsten and Carolyn Naiman (competition); Jim Welkoff (tax); Gabe Takach and Eric Boehm (IP and technology); and Chris Medland (pension and employment).

On August 14, 2006, MTS Allstream agreed to sell its directories business to Yellow Pages Group Co. for C$275 million cash plus the assumption of approximately C$6 million of liabilities.

MTS publishes 11 White Pages and Yellow Pages directories throughout Manitoba, and manages the www.mtsyellowpages.com directory. White Pages directories in Manitoba will continue to be published by Yellow Pages Group, on behalf of MTS Allstream.