carrier Verizon Communications announced Monday that it will acquire U.S. technology company Yahoo's operating business for approximately 4.83 billion U.S. dollars in cash.
Verizon's acquisition of Yahoo's operating business， which follows its purchase of U.S. mass media corporation AOL in May 2015， shows the company sees online content and advertising as primary drivers of growth in the future.
Yahoo will be integrated with AOL under the Product Innovation and New Businesses organization at Verizon， according to a statement by Verizon on Monday.
"Just over a year ago we acquired AOL to enhance our strategy of providing a cross-screen connection for consumers， creators and advertisers. The acquisition of Yahoo will put Verizon in a highly competitive position as a top global mobile media company， and help accelerate our revenue stream in digital advertising，" said Verizon Chairman and CEO Lowell McAdam on Monday.
Yahoo's key assets include content brands in major categories including finance， news and sports， as well as the email services with about 225 million monthly active users， said the statement.
The deal is subject to customary closing conditions， approval by Yahoo's shareholders， and regulatory approvals， and is expected to close in the first quarter next year.
Moreover， the sale does not include Yahoo's cash， its shares in Alibaba Group Holdings， Yahoo Japan and so on. These assets will continue to be held by Yahoo， which will change its name at closing and become a publicly traded investment company， the statement said.
Shortly after the opening bell， Verizon's shares fell 0.52 percent at 55.81 dollars， while Yahoo inched down 1.68 percent at 38.72 dollars.
Posted by Marketresearchfuture in Finance on June 27th, 2018
Phosphorus trichloride is a white with a yellow colored chemical compound of phosphorus and chlorine. The product is majorly used as a chemical intermediate and is a precursor to the formation of various chemicals such as phosphorus pentachloride (PCl5) Kevin Byard Womens Jersey , phosphoryl chloride (POCl3), and thiophosphoryl chloride (PSCl3).
The global phosphorus trichloride market is primarily driven by growing demand from its major application such as chemical synthesis, agrochemicals, gasoline additives, plastic stabilizers Derrick Henry Womens Jersey , pharmaceuticals, and others. The chemical synthesis and agrochemicals segment are together driving the growth of the global phosphorus trichloride market. Phosphorus trichloride is used as a chemical intermediate in the production of organophosphonates, which are used as cleaners, chelating agents, corrosion inhibitors Jonnu Smith Womens Jersey , and anti-scaling agent for water treatment, which is likely to propel the market growth. The increasing population along with their increasing consumption of food and the lack of arable land drive the need for agrochemicals, which, in turn, fuels the phosphorus trichloride market growth. Further Corey Davis Womens Jersey , the use of phosphorus trichloride in the production of gasoline and oil additives is projected to surge the market growth due to the demand for efficient and qualitative fuel from the transportation and automotive sectors. Additionally, it is also used as a plasticizer and is a raw material to the drug used for prevention of heart and sexually transmitted diseases, which may fuel the market growth in the coming years.
Market SegmentationThe global phosphorus trichloride market is segmented on the basis of the application and region.
Based on the application, the global phosphorus trichloride market is segmented into chemical intermediate, agrochemicals Delanie Walker Womens Jersey , a gasoline additive, plasticizer, pharmaceuticals, and others.
Regional AnalysisThe global phosphorus chloride market is segmented