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Is Clear Channel a guinea pig?

Started by Joelle, March 28, 2008, 11:01:28 PM

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Joelle

Is Clear Channel a guinea pig?
      


Dan Primack, our soon-to-be coworker at PE Hub, floats a theory about the banks who are being sued by Clear Channel and its private equity buyers.
Of the six banks who initially pledged to provide $22 billion in financing for the Clear Channel deal, Citigroup, Deutsche Bank and RBS are also on the hook for the [...]
         

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