Eric Savitz asked the question, with emphasis on Yell Group.
They just might.
It’s a profitable business, and maybe the only segment in print publishing NOT whining about Craigslist. Plus, it’s generating revenue with something Google gives away, local listings. From what I remember, yellow pages businesses actually get a premium for their web listings, when combined with the print packages.
I like local web directories, and think there is a lot more that can be done with them besides just advertising.