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Early Win for Buyout Firms in Clear Channel Suit

Posted in BUSINESS by admin on the March 27th, 2008

Things move fast in Texas. Hours after Bain Capital and THL Partners filed suit there against the banks funding their $19 billion buyout of Clear Channel Communications, a judge granted them a temporary restraining order, directing the bank consortium not to “interfere with or thwart” consummation of the transaction. Clear Channel praised the court’s order […]

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