Talkster

By Talkster1, 3 years and 10 months ago

Clear Channel Considering Sale

The board of the largest US radio broadcaster, Clear Channel Communications, is considering a possible leveraged buyout by the Mays family, which holds a controlling interest. Mark Mays, the CEO of Clear Channel has overseen a spinoff of «the company's live entertainment unit, Live Nation Inc., and sold shares of its outdoor advertising unit, Clear Channel Outdoor Holdings Inc., in an IPO.»

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