Clear Channel said shareholders approved the company’s sale to tw...
Clear Channel said shareholders approved the company’s sale to two leveraged-buyout firms. A preliminary count showed holders of more than 74 percent of the broadcaster’s shares endorsing the sale, the company said late Thursday. It expects the sale to…
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Bain Capital and Thomas H. Lee Partners to be completed Thursday. The deal was worth about $26.7 billion in November 2006, when it was announced. It was revised for the third time in May.