DealBook: Clear Channel Deal Approval Expected
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The $23 billion buyout of radio and outdoor advertising giant Clear Channel Communications could get antitrust approval from the Department of Justice as early as Wednesday, according to The Deal.com. The proposed buyout by Bain Capital and Thomas H. Lee Partners, which was announced more than a year ago, has already received approval from the Federal [...].
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Multimedia monster Clear Channel Communications (NYSE: CCU) turned up the volume today with a third-quarter report that was decidedly better than the headlines hyping a &quot;60% drop&quot; in earnings.
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Final approval appears likely this week for a bill sending multiparty cases from state to federal court.
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The BBC Trust gives the provisional go-ahead for a high definition television (HDTV) channel.
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Leading radio operator Clear Channel Communications Inc.'s does not appear to have created a dramatic scarcity in inventory with a new program to cut advertising on its network, analysts said on Tuesday.
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The deal with Verizon, which requires approval of the FCC, the US Bankruptcy Court and antitrust regulators at the US Justice Department, comes after a settlement reached in April resolving all disputes between the company and the FCC, the main creditor
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Clear Channel Communications Inc. , which has agreed to be acquired by two private equity firms and the company's founding Mays family, posted better-than-expected quarterly earnings on Friday as radio broadcasting revenue and outdoor advertising revenue rose.
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U.S. Federal Communications  Commission Chairman Michael Powell plans to recommend Cingular  Wireless receive approval to purchase AT&T Wireless Services  Inc. AWE.N with some divestitures, sources familiar with the  matter said on Monday.
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Communications regulators have  cleared Google Inc  to bid in an upcoming auction of  coveted wireless airwaves, according to auction documents  released by the Federal Communications Commission on Monday.
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Leaders of Delta Air Lines (DAL:NYSE - news - research) pilots union have approved a tentative package of concessions and will send it to rank-and-file members for a vote.
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Private equity firm Providence Equity Partners said on Sunday a lawsuit brought by radio operator Clear Channel Communications Inc. to force it to complete a $1.2 billion deal was "baseless."  Marking the latest deal to turn nasty amid the credit cru...
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Deal moves closer to completion, but is still subject to shareholder approval.
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The buyout of Clear Channel has become a test of wills between some of the nationâs largest investors.
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Communications regulators have cleared Google to bid in an upcoming auction of coveted wireless airwaves, according to auction documents released by the F.C.C.
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Nextel Communications Inc. yesterday gave final approval to a deal that gives it control over valuable new airwaves, ending a years-long lobbying battle among interest groups over how to reduce cell phone interference with police and fire radio systems.
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HP and Microsoft have an enterprise software deal in the works to be announced later today.
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A ruling on BSkyB's controversial purchase of a stake in ITV is expected to be published on Thursday.