Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Monday, February 18, 2008

Clear Channel Sues to Force Sale of TV Stations

Buyer's remorse is not our problem, says Clear Channel Communications, as it filed a complaint against a subsidiary of Providence Equity Partners to complete a $1.2 billion purchase of 56 television stations.  Clear Channel is being acquired by private equity firms for close to $20 billion; this is a separate deal.  NYTimes, Broadcaster Sues to Force Buyout Deal.

http://lawprofessors.typepad.com/securities/2008/02/clear-channel-s.html

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