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14 May 2008, 8:02 am
The legal dispute over the Clear Channel Communications buyout was finally settled late Tuesday night, salvaging a deal to take the radio giant private. [read post]
25 Apr 2008, 7:51 am
What’s next for Clear Channel Communications? [read post]
3 Apr 2008, 7:20 am
The banks financing the $19 billion privatization of Clear Channel Communications by Bain and Lee Partners want to back out. [read post]
22 Apr 2008, 10:23 am
There has been a surprising development in the dispute over the buyout of Clear Channel Communications: In a letter to the would-be private equity buyers, lawyers for the lending group have proposed using binding arbitration to set the final terms for funding the $19.5 billion transaction. [read post]
10 Dec 2007, 10:41 am
Is Fidelity, one of the largest shareholders in Clear Channel Communications, getting ominous signals? [read post]
26 Mar 2008, 4:06 am
The $19.5 billion sale of the radio broadcaster Clear Channel Communications to two private equity firms is in jeopardy. [read post]
5 Dec 2007, 4:55 am
Clear Channel Communications said Tuesday that it now expects to close its $20 billion buyout by Bain Capital Partners and Thomas H. [read post]
30 Jan 2007, 8:47 am
Another analyst is advising caution to shareholders of Clear Channel Communications as the radio giant continues to seek support for a proposed $18.7 billion buyout. [read post]
11 Apr 2008, 7:01 am
Late Thursday afternoon, the banks financing the disputed buyout of Clear Channel Communications filed a motion for summary judgment in the New York case. [read post]
14 Feb 2008, 4:31 am
The $19.5 billion sale of Clear Channel Communications to two private-equity firms cleared its final regulatory hurdle Wednesday with approval by the Justice Department's antitrust division. [read post]
25 Sep 2007, 10:21 am
Shareholders on Tuesday voted in favor of Clear Channel Communications‘ $19.5 billion leveraged buyout, clearing the way for the largest United States radio operator to become a private company. [read post]
27 Mar 2008, 5:10 am
Hours after Bain Capital and THL Partners filed suit there against the banks funding their $19 billion buyout of Clear Channel Communications, a judge granted them a temporary restraining order, directing the bank consortium not to “interfere with or thwart” consummation of the transaction. [read post]
22 Mar 2005, 11:00 am
[JURIST] A jury has delivered a $90 million verdict against Clear Channel Communications [corporate website] for interfering with another promoter's attempts to host motorcycle racing events in Chicago. [read post]
2 Nov 2006, 8:54 am
Speculation about the next takeover target for Google took an unusual turn on Wednesday as an analyst suggested the Internet giant might consider a major deal with a radio broadcaster such as Clear Channel Communications. [read post]
28 Mar 2008, 10:30 am
Radio broadcaster Clear Channel Communications said on Friday its pending $20 billion buyout may collapse, as the banks had failed to provide funding for the deal under previously agreed terms. [read post]
8 Jun 2009, 4:03 am
As some of Clear Channel Communications' creditors are reportedly balking at a debt-swap proposal in hopes of triggering a default, the media company's private equity owners expressed confidence that they would win the stand-off. [read post]
9 Jun 2004, 7:05 am
The Federal Communications Commission has reportedly reached a settlement with Clear Channel Communications, estimated at $1.75 million, in order to resolve indecency complaints against Howard Stern and other radio personalities. [read post]
10 Nov 2006, 3:46 am
Bids for the United States’ largest radio company, Clear Channel Communications, are due in the next few days, according to Reuters, although the exact deadline in the Goldman Sachs-led sale process was unclear. [read post]
9 Apr 2004, 2:11 am
A federal judge in Denver has ruled that Clear Channel Communications is to stand trial in August for allegedly violating state and federal antitrust laws by improperly tying broadcast airplay of music to musicians' willingness to participate in Clear Channel-sponsored concerts and other promotions. [read post]
11 Apr 2008, 12:35 pm
A judge in Texas on Friday refused a request by several New York-based banks to dismiss a lawsuit filed by Clear Channel Communications and two buyout firms trying to acquire the radio operator. [read post]