UPFRONT

Verizon Spins Off Print Holdings

NEW YORK—Verizon Communications’ board of directors has approved the spinoff of its U.S. printing and Internet yellow pages directories company to its shareholders. The new company, separate from Verizon, will be called Idearc. The company boasts multi- platform print and online publishing and advertising services, including Yellow Pages, White Pages, business directories and magazines, an online directory and search services.