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"With the evolution of the Internet space from an Internet Yellow Pages model to a local search model, the value of the LocalSearch.com URL is enhanced. This asset affords us the opportunity to develop a pure local search site through which we can further monetize our performance-based advertiser commitments in addition to Superpages.com," said Eric Chandler, President - Internet for Idearc Media.
http://www.webpronews.com/topnews/2007/09/12/localsearch-com-domain-sells-for-3-3-million
http://www.webpronews.com/topnews/2007/09/12/localsearch-com-domain-sells-for-3-3-million