Clear Channel Communications’ plans to go private may fall through.
On November 16, 2006, Clear Channel announced that it would sign a deal to be bought out by two private-equity firms, Thomas H. Lee Partners and Bain Capital Partners for $18.7 billion, which is just under a 10 percent premium above its closing price of $35.36 a share on November 16.
The deal was to be signed in 2007, but there were still some disagreements. The current offer by Thomas H. Lee and Bain Capital Partners is $39.20 a share, thus making a deal $19 billion worth.
But the upcoming deal may cease to exist at all due to credit terms those private-equity firms were trying to put into place to finance the transaction.
Russian Foreign Minister Sergei Lavrov stated that Vladimir Putin and Donald Trump, as well as the military of the two countries, will never let a military confrontation spark, but...
An attack is under way against the truth-seeking social media practising data democracy. What is unacceptable is that the liars accuse the truthseekers of lying
On April 20, Russian Foreign Minister Sergei Lavrov confirmed that Russia could supply air defense systems to Syria