Clear Channel Sets Special Merger Meeting
June 12, 2008 at 5:53 AM (PT)
CLEAR CHANNEL COMMUNICATIONS will hold a special meeting of its shareholders on JULY 24th at which the proposed merger with the group led by BAIN CAPITAL PARTNERS, LLC and THOMAS H. LEE PARTNERS, L.P will be considered.
CLEAR CHANNEL shareholders of record as of 5p ET on JUNE 19, 2008, will be entitled to vote at the special meeting.
The parties expect that closing will occur on JULY 30th. Further details regarding the proposed merger, including such specifics as the special meeting time and location, will be provided in an updated proxy statement/prospectus, which the Company expects to file in the near future.