International Business News - Clear http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Clear Channel Communications Inc. withdrew a lawsuit that accused publisher Tribune Co. of stealing trade secrets, the radio broadcaster confirmed late Wednesday. http://www.ibtimes.com/articles/20080724/clear-channel-drops-lawsuit-against-tribune.htm Thu, 24 Jul 2008 10:00:57 EDT The deal to take Clear Channel Communications Inc. private, announced 20 months ago, has been the subject of a lot of static from rankled shareholders, company officials and lenders. http://www.ibtimes.com/data/articleimgs/95601-clear-channel-headquarters.jpg http://www.ibtimes.com/articles/20080722/shareholders-consider-clear-channel-buyout-again.htm http://www.ibtimes.com/articles/20080722/shareholders-consider-clear-channel-buyout-again.htm Tue, 22 Jul 2008 08:17:51 EDT Two of the largest radio station operators have agreed to a syndication deal for conservative talk show host Sean Hannity. In a joint statement Monday, Citadel Broadcasting Corp. and Clear Channel Radio said they will syndicate Hannity's program starting Dec. 28. Clear Channel's Premier will handle all advertising sales for the show. http://www.ibtimes.com/articles/20080721/citadel-clear-channel-to-co-syndicate-hannity.htm Mon, 21 Jul 2008 10:39:55 EDT Clear Channel Communications Inc. said Wednesday that full funding for its $17.9 billion sale to two private equity firms is now in place in an escrow account. http://www.ibtimes.com/articles/20080528/clear-channel-says-17-9b-buyout-now-fully-funded.htm Wed, 28 May 2008 20:46:15 EDT Sounding a gong couldn't have made it clearer. Federal Reserve officials are putting out the word that further interest rate cuts are unlikely. Fed Governor Kevin Warsh ditched the central bank's cryptic word tangles and actually waxed poetic. "Even if the economy were to weaken somewhat further, we should be inclined to resist expected, reflexive calls to trot out the hammer again," Warsh said, referring to the Fed's key interest rate. http://www.ibtimes.com/data/articleimgs/54822-fed-loud-and-clear.jpg http://www.ibtimes.com/articles/20080525/no-more-fedspeak-on-further-interest-rate-cuts.htm http://www.ibtimes.com/articles/20080525/no-more-fedspeak-on-further-interest-rate-cuts.htm Sun, 25 May 2008 11:00:06 EDT Clear Channel Communications Inc. spent more than $760,000 in the first quarter lobbying against the combination of two satellite radio companies and on other issues, according to a disclosure form. http://www.ibtimes.com/articles/20080523/clear-channel-spent-more-than-760-000-lobbying.htm Fri, 23 May 2008 16:57:56 EDT Clear Channel Communications Inc. said the debt financing needed for its $17.9 billion sale to two private equity firms is in place, clearing one hurdle in the transaction's path. http://www.ibtimes.com/articles/20080523/clear-channel-clears-buyout-hurdle.htm Fri, 23 May 2008 16:42:25 EDT Clear Channel Communications Inc. said it will receive full funding for the debt financing needed for its $17.9 billion acquisition, clearing one hurdle in the transaction's path. http://www.ibtimes.com/articles/20080523/clear-channel-reaches-agreement-with-its-lenders.htm Fri, 23 May 2008 07:00:59 EDT Clear Channel Communications Inc. says it has resolved a legal dispute with its lenders, clearing the way for the leading radio broadcaster to go private. http://www.ibtimes.com/articles/20080513/clear-channel-lenders-resolve-dispute-over-buyout.htm Tue, 13 May 2008 23:19:06 EDT Clear Channel Communications Inc. and its prospective buyers are talking with banks to try to settle a dispute over whether the banks must fund promised loans for the $19.5 billion takeover, the radio and outdoor advertising company said Monday. http://www.ibtimes.com/articles/20080512/clear-channel-banks-buyers-in-settlement-talks.htm Mon, 12 May 2008 17:13:50 EDT Shares of Clear Channel Communications Inc. are surging on media reports that a revised deal has been reached to finance the radio and media company's buyout by Thomas H. Lee Partners and Bain Capital. http://www.ibtimes.com/articles/20080512/clear-channel-surges-on-possible-buyout-financing.htm Mon, 12 May 2008 12:53:31 EDT Among the earnings stories for Friday, May 9, from AP Financial News: NEW YORK (AP) _ Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/earnings-roundup-clear-channel-gentek.htm Fri, 09 May 2008 18:33:32 EDT Among the earnings stories for Friday, May 9, from AP Financial News: NEW YORK (AP) _ Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/earnings-roundup-clear-channel-cogent-comm.htm Fri, 09 May 2008 16:10:32 EDT Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/asset-sales-boost-clear-channel-profit-deal-still-in-limbo.htm Fri, 09 May 2008 11:23:31 EDT Clear Channel Communications Inc. reported Friday its first-quarter profit soared due to asset sales, an investment gain and higher revenue, but earnings from continuing operations were flat. http://www.ibtimes.com/articles/20080509/clear-channel-profit-surges-income-flat-from-continuing-ops.htm Fri, 09 May 2008 08:44:45 EDT Billboard advertising company Clear Channel Outdoor Holdings Inc. said Friday its first-quarter profit grew more than fivefold, primarily on the sale of its stake in a South African outdoor advertising company. http://www.ibtimes.com/articles/20080509/clear-channel-outdoor-1q-profit-grows-more-than-fivefold.htm Fri, 09 May 2008 08:06:34 EDT Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year. That is well above the $102.2 million or 21 cents per share it earned in the same period a year ago. http://www.ibtimes.com/articles/20080509/clear-channel-communications-reports-profit-revenue-jump.htm Fri, 09 May 2008 07:28:28 EDT A New York judge on Friday agreed to keep Clear Channel Communications Inc. out of a New York lawsuit concerning its stalled $19.5 billion buyout by a group of private-equity firms. http://www.ibtimes.com/articles/20080425/judge-keeps-clear-channel-out-of-buyout-suit-in-new-york.htm Fri, 25 Apr 2008 20:02:30 EDT A Texas judge on Friday denied a request by six major banks that sought the dismissal of a suit by Clear Channel Communications Inc. charging the banks with reneging on a deal to finance a $19.5 bill... http://www.ibtimes.com/articles/20080411/clear-channel-lawsuit-heads-to-trial.htm Fri, 11 Apr 2008 18:11:27 EDT The banks embroiled in a dispute over financing a stalled $19.4 billion buyout of Clear Channel Communications Inc. said Friday that their liability in the matter should be $600 million or less. In ... http://www.ibtimes.com/articles/20080404/banks-clear-channel-costs-600m-or-less.htm Fri, 04 Apr 2008 19:40:39 EDT