Net News search results for: lee fields
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May 13, 2008
Clear Channel, Lenders Strike Deal At $36 A Share
The CLEAR CHANNEL buyout settlement has officially been announced, with the company and its buyout backers THOMAS H. LEE PARTNERS and BAIN CAPITAL reaching a deal with lenders CITIGROUP, DEUTSCHE BANK, CREDIT SUISSE, MORGAN STANLEY, ROYAL BANK OF … more »
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March 27, 2008
Hedge Funds, Others Hurt By Sticking With Clear Channel
HIGHFIELDS CAPITAL MANAGEMENT's 7.7% stake in CLEAR CHANNEL COMMUNICATIONS took a big hit WEDNESDAY, but HIGHFIELDS isn't the only big-name investor that stands to lose if the now- in-jeopardy $19.4 billion private equity buyout of CLEAR CHANNEL doesn't … more »
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January 31, 2008
Highfields Boosts Clear Channel Stake To 7.7%
In what may be seen as a vote of confidence in the buyout of CLEAR CHANNEL COMMUNICATIONS, a major company stockholder with a unique position in the deal has bought company shares in recent days, reports CNN MONEY. HIGHFIELDS CAPITAL MANAGEMENT LP … more »
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May 30, 2007
Clear Channel Buyers Reach Voting Agreement
HIGHFIELDS CAPITAL MANAGEMENT has executed a Voting Agreement with BAIN CAPITAL PARTNERS and THOMAS H. LEE PARTNERS regarding the acquisition of CLEAR CHANNEL COMMUNICATIONS by the private equity group. HIGHFIELDS CAPITAL MANAGEMENT advises investment … more »
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May 17, 2007
WSJ: Momentum Building For Clear Channel Sale
Strong momentum was building last night for a final plan to clinch the $19.4 billion sale of CLEAR CHANNEL COMMUNICATIONS INC. to a duo of private-equity firms, reports THE WALL STREET JOURNAL. Major shareholders HIGHFIELDS CAPITAL MANAGEMENT and … more »
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May 8, 2007
NY Post: Shareholder Outcry Caused CC Vote Delay
THE NEW YORK POST reports the $28 billion leveraged buyout of CLEAR CHANNEL COMMUNICATIONS, which appeared dead in the water last week, has been revived after influential shareholders voiced their displeasure with the board's hasty rejection of a … more »
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May 4, 2007
Clear Channel Board Rejects Revised Offer
CLEAR CHANNEL COMMUNICATIONS said last night that its board had rejected a revised offer by two equity firms that had agreed to buy the company, but are now trying to keep the deal from falling through. THE NEW YORK TIMES reports the new offer was a … more »
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April 17, 2007
Report: CalPERS Voting No On Clear Channel Deal
The $27 billion buyout of CLEAR CHANNEL COMMUNICATIONS remains in jeopardy after the CALIFORNIA Public Employees' Retirement System said yesterday it plans to vote against the deal. THE NEW YORK POST reports that the move by the nation's largest public … more »
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January 22, 2007
Lineup Announced For Coachella 2007
A reunited RAGE AGAINST THE MACHINE, RED HOT CHILI PEPPERS and BJORK will headline when this year's COACHELLA VALLEY MUSIC & ARTS FESTIVAL takes place in INDIO, CA from APRIL 27-29. Tickets go on sale this SATURDAY (1/27). Other artists scheduled to … more »
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October 6, 2006
His Radio Network Hits The Red Carpet
HIS RADIO NETWORK’s morning show hosts ROB DEMPSEY and KRISTEN ROBERTS were honored to be a part of the HOLLYWOOD premiere of new feature film “FACING THE GIANTS” on SEPTEMBER 28. The duo spent time interviewing some of the cast and … more »






