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Old September 26th 07, 11:42 AM posted to rec.radio.shortwave
IBOCcrock IBOCcrock is offline
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First recorded activity by RadioBanter: Aug 2007
Posts: 707
Default Clear Channel was a Dog, Eduardo

On Sep 26, 6:40 am, IBOCcrock wrote:
"Clear Channel Interrupted"

"Back when Clear Channel stock was selling in the $90 range,
executives predicted it would be a $100 stock. That never happened. In
fact, the bottom eventually fell out. Under the deal approved
yesterday, Clear Channel shareholders were to get only $39.20 in cash
per share and current shareholders could get as much as 30% of the new
company."

http://insidemusicmedia.blogspot.com...nel-interrupte...


"The new owners will assume $8 billion in debt."

What a deal!