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Verizon Media to be Acquired by Apollo Funds for $5B
May 04, 2021, 08:10 AM
Verizon and Apollo Global Management announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by CEO Guru Gowrappan.
One of the worldâs premier global technology and media companies, Verizon Media is comprised of iconic brands such as Yahoo and AOL, as well as leading ad tech and media platform businesses. The corporate carveout will allow Verizon Media to aggressively pursue growth areas and stands to benefit its employees, advertisers, publishing partners and nearly 900 million monthly active users worldwide.
Operator
Good day, and thank you for standing by. Welcome to the Concert Pharmaceuticals First Quarter 2021 Financial Results Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Justine Koenigsberg. Please go ahead.
Justine E. Koenigsberg
Senior Vice President of Corporate Communications and Investor Relations
Good morning, and welcome to Concert Pharmaceuticals First Quarter 2021 Investor Update. Our prepared comments today will be brief, so we can jump right into the Q&A portion of the call. Roger Tung, our CEO, will provide the CTP-543 key highlights; and then Marc Becker, our CFO, will walk you through the first quarter financials. We will then be joined by Nancy Stuart, our Chief Operating Officer; and Jim Cassella, our Chief Development Officer, for the Q&A portion of the call. As a reminder, today s discussion will include forward-looking statements about our future expectations, plans and prospects. These stateme
Operator
Good morning, everyone, and welcome to the Portland General Electric Company s First Quarter 2021 Earnings Results Conference Call. Today is Friday, April 30, 2021. [Operator Instructions]. After the speakers remarks, there will be a question-and-answer period. [Operator Instructions]
For opening remarks, I will turn the conference call over to Portland General Electric s Senior Director of Investor Relations, Mr. Jardon Jaramillo. Please go ahead, sir.
Jardon Jaramillo
Senior Director of Treasury, Investor Relations and Finance Operations
Thank you, Ren. Good morning, everyone. I m pleased that you re able to join us today. Before we begin this morning, I d like to remind you that we ve prepared a presentation to supplement our discussion, which we ll be referencing throughout the call. The slides are available on our website at investors.portlandgeneral.com.
May 01, 2021 - The Japan Times japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.