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Reuters: Clear Channel buyout in trouble

Started by chris, March 26, 2008, 12:01:03 AM

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chris

Clear Channel buyout in trouble
      


NEW YORK (Reuters) - The $20 billion leveraged buyout of U.S. radio operator Clear Channel Communications Inc  was in jeopardy on Tuesday, with banks increasingly reluctant to provide financing, a source familiar with the situation said.
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