Clear Channel Files With SEC For Outdoor IPO

CLEAR CHANNEL OUTDOOR HOLDINGS INC.'s IPO will raise up to $350 million, according to the company's SEC filing on FRIDAY (10/14). The filing says that the company will issue an undetermined number of Class A voting shares representing 10% of all stock, and will keep all Class B shares within CLEAR CHANNEL COMMUNICATIONS ownership. GOLDMAN SACHS is senior bookrunner manager for the IPO; the stock will trade on the NYSE under the symbol CCO.

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