After two days worth of reports, Clear Channel (NYSE: CCU) confirmed late last night that it, its private equity buyers (Bain and Thomas H.… Read More »
Clear Channel Buyout: Banks Offer Binding Arbitration; PE Buyers Reject
The acquisition of Clear Channel (NYSE: CCU) by two private equity firms, Thomas H. Lee and Bain Capital Partners, continues to play out in… Read More »
Updated: Judge Awards Temporary Restraining Order Against Banks In Clear Channel Case
That was quick: A Judge in Bexar County, TX has granted a temporary restraining order against the banks funding the Clear Channel (NYSE: CCU… Read More »
Updated: PE Firms Sue Banks To Save Clear Channel Deal; Clear Channel Wants Huge Penalty
Looks like the banks financing the Clear Channel (NYSE: CCU) sale definitely want to walk. Last night reports emerged that the deal was on t… Read More »
Whispers that Clear Channel’s (NYSE: CCU) $19 billion sale to two private equity firms is on the rocks have been growing louder in recent we… Read More »
DOJ Approves Clear Channel Sale If Station Divestitures Are Made; Still Waiting On Financing
Another hurdle cleared, but not the big one: The DOJ announced today that it would approve Clear Channel’s (NYSE: CCU) sale to two private e… Read More »
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