Net News search results for: thomas h. lee capital partners
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April 24, 2017
'iHeartRadio Parent Warns It May Not Survive Another Year' As Statement Draws Reaction
Last THURSDAY (NET NEWS 4/20), ALL ACCESS broke the news that as part of an SEC filing of supplements to its debt swap proposals, iHEARTMEDIA released a preliminary first-quarter earnings report that shows consolidated revenue off 2.4% to $1.329 billion … more »
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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 »
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August 25, 2016
Big Players Bidding For Learfield
The bidding for sports marketing and broadcasting firm LEARFIELD has drawn some significant players, reports the NEW YORK POST, including FOX SPORTS, THOMAS H. LEE PARTNERS, two HOLLYWOOD talent agencies -- CAA and UTA, ARES CAPITAL PARTNERS, and WPP … more »
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April 11, 2016
Board Change At iHeartCommunications
A change on the board of iHEARTCOMMUNICATIONS, INC. took place on THURSDAY (4/7), involving a seat on the board for equity partner THOMAS H. LEE PARTNERS, L.P. JULIA B. DONNELLY, a principal at THL, has resigned from the iHEART board and has been … 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 4, 2014
Sold: North Carolina AM, Oregon FM
The GEORGE H. BUCK, JR. TRUST is selling STATESVILLE FAMILY RADIO CORP., licensee of Classic Country WAME-A/STATESVILLE, NC, to WILLIAM CLARENCE BLEVINS' SIGNAL HILL MEDIA PARTNERS, LLC for $280,000 in a promissory note plus the spinoff of co-owned … more »
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June 23, 2014
Report: Univision Encountering Resistance To Sale From Buyers, And From Within
The LOS ANGELES TIMES is reporting that UNIVISION has yet to find a suitor willing to take on its $20 million price tag and $9 million in debt. The report suggests that partners SABAN CAPITAL GROUP, TEXAS PACIFIC GROUP, PROVIDENCE EQUITY PARTNERS, … more »
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March 6, 2014
Valcon Selling 30 Million Nielsen Shares
NIELSEN HOLDINGS N.V.has announced that VALCON ACQUISITION HOLDING (LUXEMBOURG) S.À R.L. is selling 30 million shares of its common stock pursuant to NIELSEN’s shelf registration statement filed with the SEC. VALCON is granting the … 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 »