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Cabot Closes Sale of Tantalum Business
Jan. 23, 2012 02:05PM PST
Tantalum InvestingThe Street reported Cabot Corp.(NYSE:CBT) has closed the $450 million sale of its tantalum business.
The Street reported Cabot Corp.(NYSE:CBT) has closed the $450 million sale of its tantalum business.
As quoted in the market news:
Boston’s Cabot said the sale will help stabilize its profits and will allow it to focus on existing and new growth initiatives. Tantalum is a high performance metal used in electronics products, mostly capacitors.
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