clear channel

Earnings: Clear Channel Q1 Revs Up 4 Percent; Radio Down - 0 Comments
Posted By Joseph Weisenthal - Fri 09 May 2008 05:11 AM PST

The long slog in the courts continues, but in the meantime, Clear Channel (NYSE: CCU) reported Q1 revenue of $1.6 billion, a 4 percent increase over $1.5 billion in the…

Clear Channel Buyout: Banks Offer Binding Arbitration; PE Buyers Reject - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Apr 2008 10:46 AM PST

The acquisition of Clear Channel (NYSE: CCU) by two private equity firms, Thomas H. Lee and Bain Capital Partners, continues to play out in the courts. The key issue, as…

Updated: Judge Awards Temporary Restraining Order Against Banks In Clear Channel Case - 0 Comments
Posted By Joseph Weisenthal - Thu 27 Mar 2008 04:23 AM PST

That was quick: A Judge in Bexar County, TX has granted a temporary restraining order against the banks funding the Clear Channel (NYSE: CCU) buyout, saying they must not try…

Updated: PE Firms Sue Banks To Save Clear Channel Deal; Clear Channel Wants Huge Penalty - 0 Comments
Posted By Joseph Weisenthal - Wed 26 Mar 2008 02:24 PM PST

Looks like the banks financing the Clear Channel (NYSE: CCU) sale definitely want to walk. Last night reports emerged that the deal was on the rocks, and now the two…

Clear Channel Sale ‘Near Collapse’: Report - 1 Comment
Posted By Joseph Weisenthal - Tue 25 Mar 2008 01:14 PM PST

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 weeks. Now the deal is on…

Earnings: Clear Channel Q4 Revenue Up 4 Percent; Radio Revenue Down 3 Percent - 0 Comments
Posted By Joseph Weisenthal - Thu 14 Feb 2008 02:32 PM PST

As it waits for its deal to happen… Radio network Clear Channel (NYSE: CCU) announced Q4 revenue of $1.84 billion, up 4 percent year-over-year from $1.77 billion. However, ex-currency effects…

DOJ Approves Clear Channel Sale If Station Divestitures Are Made; Still Waiting On Financing - 0 Comments
Posted By Joseph Weisenthal - Wed 13 Feb 2008 03:29 PM PST

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 equity companies - provided the company…

FCC Gives Nod To Clear Channel Sale - 0 Comments
Posted By Joseph Weisenthal - Thu 24 Jan 2008 01:52 PM PST

The FCC has voted on a 5-0 basis not to block the sale of radio giant Clear Channel (NYSE: CCU) to two private equity firms for $19.5 billion. News that…

FCC To Green Light $19.5 Billion Sale Of Clear Channel: Report - 0 Comments
Posted By Joseph Weisenthal - Fri 11 Jan 2008 07:24 AM PST

The FCC appears set to give its approval to Clear Channel’s (NYSE: CCU) $19.5 billion sale to two private equity firms. Citing an agency official, AP reports that the official…

Earnings: Clear Channel Q3 Revenue Up 5 Percent; Radio Business Down Slightly - 0 Comments
Posted By Joseph Weisenthal - Thu 08 Nov 2007 05:35 AM PST

National radio operator Clear Channel (NYSE: CCU) reported Q3 revenue of $1.7 billion, up 5 percent from last year’s $1.6 billion. Excluding currency effects, the top line grew 3 percent.…

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