Clear Channel Meeting Set For Thursday
July 21, 2008 at 6:19 AM (PT)
Some movement in the CLEAR CHANNEL saga should happen this THURSDAY, JULY 24TH.
As ALL ACCESS reported at the beginning of the month (NET NEWS 7/2), CLEAR CHANNEL has announced that it will hold a special meeting of its shareholders on JULY 24th, at which the proposed Merger will be considered. While the parties expect that the closing will occur on JULY 30th, the parties to the settlement agreement have agreed to extend the outside date for completion of the Merger to DECEMBER 31st.