More National Consolidation

Looks like two of the largest self storage companies — Public Storage and Shurgard — will be combining forces. Public Storage announced that it will be buying Shurgard for US$3 billion. The combined company will have 2,100 locations in 38 states. This combination will put additional pressure on the national Yellow Pages sector as the combined company will have additional leverage to allocate an estimated US$20 million in print Yellow Pages spending.