Logo

Clear Channel Stock Falls, Deadline Doubted

Mar 20, 2008  •  Post A Comment

Clear Channel Communications’ stock fell almost 9% yesterday after questions arose on whether its buyout would be completed by a deadline at the end of next week, the Wall Street Journal says. Private-equity executives said banks may be delaying the transaction while bank executives say the buyout firms may be holding up the deal, the newspaper reports.

Your Comment

Email (will not be published)