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Posted in industry | music | radio on October 26, 2006
Clear Channel all but confirms buyout talks
"Private equity groups Providence Equity Partners, Blackstone Group and Kohlberg, Kravis Roberts & Co. are in advanced discussions to buy the largest U.S. radio company, Clear Channel Communications Inc., a source familiar with the situation said Wednesday" [LA Times]
Posted on October 26, 2006 1:08 PM
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Comments (5)
Hmm... I wonder what this will effect CC's... behavior.
Posted by Anonymous | October 26, 2006 4:56 PM
I know this is wishful thinking, but could this mean that CC will be split up into multiple entities?
Posted by andrew | October 26, 2006 5:10 PM
that's a great thought, I hope you are right
Posted by Anonymous | October 26, 2006 6:04 PM
Uh huh huh huh, you wrote, "entities."
Posted by Butt-head | October 26, 2006 7:39 PM
Does this mean all those stupid playlist are a thing of the past? like what was appropriate after 9/11?
Posted by Rinjo Njori | October 26, 2006 9:34 PM