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Megan Davies
Clear Channel talks in trouble?
Submitted by Benton Foundation on March 25, 2008 - 8:37pmLast updated: March 26, 2008 - 8:28pm
According to an unnamed source, talks over the $20 billion leveraged buyout of U.S. radio operator Clear Channel Communications are in trouble, with the banks financing the deal unwilling to take a mark-to-market loss.
