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![]() "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. |
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