Clear Channel may sue to force banks' hands: report
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080326/2008_03_26t060306_450x280_us_clearchannel_lawsuit.jpg?x=130&y=80&q=85&sig=xpBAjIm3h47ZeVuWVxiodA--" align="left" height="80" width="130" alt="A view of the Clear Channel offices in Burbank, California March 24, 2008. 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. (Fred Prouser/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080326/bs_nm/clearchannel_lawsuit_dc)Reuters - Clear Channel Communications Inc
and the private equity firms that want to buy it may go
to court to force lenders to complete the leveraged buyout, the
New York Times said, citing people briefed on the talks.</p><br clear="all"/>
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