thomas h lee partners

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…

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…