Details of Clear Channel Outdoor’s separation from iHeartMedia (Billboard Insider)
Insider’s Take – A reasonably soft landing for Clear Channel and the ability to finally operate as an entity independent of iHeart Media. Clear Channel will still need to deal with the highest leverage (6.9 times) of the big three U.S. operators and a new investor group, the majority being the pre-bankruptcy lender group for iHeart Media. […]
Tue, Apr 16, 2019 at 6:26 PM