Net News search results for: bain capital
-
March 17, 2017
iHeartMedia Stock Spikes 43%
While iHEARTMEDIA is a privately held company, with BAIN CAPITAL and THOMAS H. LEE PARTNERS having bought what was CLEAR CHANNEL in 2008, there's still some stock that trades over the counter as "IHRT." That stock seemed to react positively … more »
-
July 25, 2016
Bain's Ian K. Loring Leaves iHeartCommunications Board, John Belitsos Replaces Him
BAIN CAPITAL Managing Director IAN K. LORING has resigned from the board of iHEARTCOMMUNICATIONS, INC. as of WEDNESDAY, JULY 20th, and another BAIN CAPITAL principal, JONATHAN (JOHN) BELITSOS, has been named to the board to fill the seat left open by … more »
-
April 20, 2016
Verizon, Daily Mail And TPG Among Bidders For Yahoo!
The financial situation at YAHOO! continues to get worse, with revenue dropping 18% to $859.4 million, according to the company's latest statements. Excluding commissions paid to search partners, this is the first time that figure has fallen below $1 … more »
-
March 2, 2016
Report: iHeartMedia, Lenders Reach Temporary Arrangement To Forestall Default Notice
BLOOMBERG is reporting that iHEARTMEDIA may have reached a deal with lenders to temporarily forestall their filing a default notice over the shift of assets to a new subsidiary, BROADER MEDIA LLC, last year. The group of creditors is holding off filing … more »
-
February 4, 2016
Report Details iHeartMedia's Plan To Retire Some Bonds, Swap Debt For Short-Term Relief
BLOOMBERG is reporting that iHEARTMEDIA, INC., facing $20.6 billion in debt, is considering a plan to sell bonds or equity to retire $1.4 billion in bonds and give existing debtholders the option to swap present debt for new obligations from a new iHEART … more »
-
December 2, 2013
Clear Channel 'Burning Cash To Delay Reckoning' Writes Bloomberg
BLOOMBERG NEWS writer KRISTA GIOVACCO offers a tough appraisal of the state of CLEAR CHANNEL COMMUNICATIONS' finances in an article published FRIDAY (11/29). She writes, "CLEAR CHANNEL COMMUNICATIONS INC. is offering to double interest to push … more »
-
September 10, 2013
Settlement Of Shareholder Suit Against Clear Channel Outdoor Approved By Judge
A settlement of a shareholder suit against CLEAR CHANNEL OUTDOOR HOLDINGS, INC. has been approved by a DELAWARE judge. The suit arose from a loan the company made to its parent company, CLEAR CHANNEL COMMUNICATIONS, INC. The billboard company, its … more »
-
May 9, 2013
Clear Channel Seeking Extensions Of Existing Term Loans
CLEAR CHANNEL is seeking, subject to market and customary conditions, to extend "$1.5 billion in aggregate principal amount of outstanding term loans B and C due 2016 until 2018." The new extended term loans will have the same security and … more »
-
April 4, 2013
Clear Channel Outdoor Settles Shareholder Suit Over Loan To Parent
CLEAR CHANNEL OUTDOOR HOLDINGS, INC. has reached agreement with shareholders to settle a lawsuit over a loan the company made to its parent company, CLEAR CHANNEL COMMUNICATIONS, INC. The billboard company, its parent, and investors BAIN CAPITAL and … more »
-
October 11, 2012
Talk Radio's Challenges The Focus At New Media Seminar
The fall edition of the TALKERS NEW MEDIA SEMINAR, co-sponsored by the LOS ANGELES PRESS CLUB, came to the STEVE ALLEN THEATER in LOS ANGELES TODAY (10/11). Pattiz Discusses Loss Of Ad Revenue, Need To Adapt Keynote speaker NORM PATTIZ of COURTSIDE … more »