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Clear Channel SOLD!

Discussion in 'Sports and News' started by TheSportsPredictor, Nov 16, 2006.

  1. TheSportsPredictor

    TheSportsPredictor Well-Known Member


  2. Freelance Hack

    Freelance Hack Active Member

    Damn, I only bid $18.5B.

    If only I had another $300 million! :(
  3. da man

    da man Well-Known Member

    It says they plan to sell 448 radio stations and 42 TV stations. Doesn't that make the world a better place?
  4. Rufino

    Rufino Active Member

    Depends on who buys them. They're divesting everything below market 100. What does surprise me is they're selling off their TV assets. In some markets like Jacksonville they've worked hard to integrate radio and TV into one seamless enterprise, building and all. Undoing that mess is going to be a challenge.
  5. Football_Bat

    Football_Bat Well-Known Member

    Not good news. The Evil Empire is going private.
  6. fmrsped

    fmrsped Active Member

  7. BYH

    BYH Active Member

    Yeah but $18.7 billion only gives the Red Sox the right to negotiate with Clear Channel. They still have to sign 'em.
  8. HejiraHenry

    HejiraHenry Well-Known Member

    I didn't look. Did Air America buy Clear Channel? Maybe the Dixie Chicks?
  9. mpcincal

    mpcincal Well-Known Member

    Did you remember to look under your couch cushions?
  10. markvid

    markvid Guest

    That was good.
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