Clear Channel considering going private
Cory Bergman October 25th, 2006
The nation’s largest network of radio stations (and quite a few TV stations) is in negotiations to be taken private by a group of investors for more than $18.5 billion. Clear Channel’s stock has been in a overall decline for the last five years.
2 Comments Add your own
1. J Israel Balderas | October 26th, 2006 at 9:23 am
That’s what happens when media consolidation goes out of control. The bigger you get, the harder it is to please Wall Street.
This proves a market oriented approach to Big Media is better than government regulation.
2. chompoonut subannarak | October 27th, 2006 at 8:07 pm
good job
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