Global Yellow Page International announced that it will be acquiring all the intellectual property rights including recipes and formulas held Wendy’s Supa Sundaes and Innovation Ice Cream for a consideration of $11.67 million. The announcement came after Global Yellow Page’s proposed acquisition of Gloria Jean’s coffee did not materialize as the group has intended. Global Yellow Page’s earnings should be released and announced tomorrow (I have previously blogged that the earnings would be out last Tuesday and the Tuesdays before that, but it seems that the expected date of the earnings announcement is not that soon yet). As Global Yellow Page’s annual report states, the company believes in diversity is strength. Hence besides having a core business of printed directories, the company has entered into e-commerce, into the arena of online search and directory; is vested in businesses like the River Taxi, has investments in Yamada group and it ......