Clear Channel agrees to $18.7B buyout (AP)

Clear Channel Communications Inc. is seen in San Antonio in this Friday, Oct. 29, 2004 file photo. Radio station giant Clear Channel Communications Inc. has agreed to be taken private for about $18.7 billion by a investment group. (AP Photo/Eric Gay, FILE)AP - Clear Channel Communications Inc., the nation’s biggest radio station owner, said Thursday it has agreed to be acquired for about $18.7 billion by an investment group.


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