R.H. Donnelley Corporation, a leading Yellow Pages and online local commercial search company, announced that it has signed a definitive agreement to acquire Business.com, a business search engine and directory and pay-per-click advertising network. Under the terms of the agreement, Business.com would be acquired for $345 million in cash and deferred purchase consideration. The deal is expected to close in the third quarter of 2007.

Search engine Local.com acquired online business directory provider PremierGuide.com for approximately $2 million.

Mediabistro.com a Web Site for job-seeking media and creative professionals is sold for $23million. The Jupitermedia Corporation, an Internet research company that also sells photos and art, agreed to pay $20 million in cash and an additional $3 million over two years for the company. Employers pay to post jobs on the site, which also offers premium content to users who pay subscription fees. Last year, the site had 600,000 unique visitors.