
Going Private: Clear Channel Outdoor Acquired for $6.3 Billion
Digital out-of-home giant Clear Channel Outdoor – a division of iHeart Media – has agreed to a $6.3 billion all-cash buyout. The buyer is a private equity investor group comprised of Mubadala Capital and TWG Global, which will pay CCO common shareholders $2.43 per share – a 71 percent premium.


















