Net News search results for: bain capital partners
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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August 31, 2012
Ryan Seacrest Reportedly Drops Out Of The Bidding For Dick Clark Productions
In JUNE (NET NEWS 6/18), ALL ACCESS reported that CLEAR CHANNEL/PREMIERE syndicated superstar RYAN SEACREST was considering a bid to buy DICK CLARK PRODUCTIONS, the company founded by the late TV icon and SEACREST's mentor. Now, THE WALL STREET JOURNAL … more »
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June 18, 2012
NY Times: Ryan Seacrest Looking To Buy Dick Clark Productions
CLEAR CHANNEL/PREMIERE syndicated superstar RYAN SEACREST "is considering a bid to buy DICK CLARK PRODUCTIONS, the company founded by the late TV icon and SEACREST's mentor," reports REUTERS. "RYAN SEACREST MEDIA is among the potential … more »
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June 12, 2012
Report: Thomas H. Lee Looks To Get Smaller
THOMAS H. LEE PARTNERS, the private-equity firm famous for being a part of the CLEAR CHANNEL COMMUNICATIONS buyout, "is weighing a $4 billion buyout fund, half the size of its predecessor, according to two people with knowledge of the firm’s … more »
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March 7, 2012
Hedge Fund Questions Cash Transfers At Clear Channel
CLEAR CHANNEL COMMUNICATIONS has come under fire from a hedge fund investor in CLEAR CHANNEL OUTDOOR HOLDINGS, INC. for the move of $656 million from the billboard subsidiary to the parent company. The WALL STREET JOURNAL reports that JHL CAPITAL … more »