The proposed $19.5 billion buyout of radio station operator Clear Channel Communications Inc. is reportedly near collapse because the private equity firms leading the deal are having trouble nailing down a financing agreement with...
NEW YORK (Reuters) - Clear Channel Communications Inc and the private equity firms that want to buy it may go to court to force lenders to complete the leveraged buyout, the New York Times said, citing people briefed on the...
Clear Channel Communications Inc., which in Worcester owns radio stations WTAG-AM (580) and WSRS-FM (96.1) plunged 22 percent in extended trading after The Wall Street Journal reported its $19.5 billion private-equity buyout is about to fall...
Blog-posts
Expect a wild ride with Clear Channel Communications Inc. today, thanks to reports that the banks are close to killing the $22.1 billion buyout.
The Wall Street Journal, citing unnamed sources close to the deal, said that the banks lining up...
According to a report in the Wall Street Journal [a paid publication], it looks like the proposed $19 billion buyout deal for Clear Channel Communications, Inc. (NYSE: CCU) is virtually dead (the private equity sponsors include Thomas H. Lee and...
