On Nov 21, 2:01 pm, "David Eduardo" wrote:
"IBOCcrock" wrote in message

...



That doesn't matter - TSL is down significantly and the old Clear
Channel is failing and trying to go private - the whole radio industry
is in serious trouble.

Companies go private when the market undervalues them. In the case of Clear,
it has strong cash flow, but has suffered from the market's "Viacom Effect"
and is underpriced. Going private allows people with money to take advantage
of the strong profitability of the company and an amazing set of assets.

Going private, along with mergers, is a retreat strategy - CC stock
used to be $90, it is no 1/3 of that. It's over...