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Reuters: Clear Channel shareholders OK $17.9 billion buyout

Started by chris, July 25, 2008, 01:41:09 AM

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chris

Clear Channel shareholders OK $17.9 billion buyout
      


SAN ANTONIO, Texas (Reuters) - Clear Channel Communications Inc  shareholders on Thursday approved a $17.9 billion takeover by private equity funds Thomas H. Lee Partners  and Bain Capital, ending a 20-month effort to take the radio and billboard operator private.
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