Friday, November 10, 2006
Clear Channel For Sale, Bids Expected Within Days
Clear Channel bids due in coming days: sourcesThursday November 9, 11:03 pm ET By Megan Davies
NEW YORK (Reuters) - Bids are due in the coming days for Clear Channel Communications Inc. (NYSE:
CCU -
News), the largest U.S. radio company, sources familiar with the situation told Reuters on Thursday.
Clear Channel, which has about 1,150 stations, said last month in response to reports that it was considering offers to be taken private that it had hired investment bank Goldman Sachs & Co. (NYSE:
GS -
News) to help it evaluate strategic alternatives....read more:
here11/10/2006 10:23:00 AM
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