The takeover by Bain Capital and THL Partners is now complete, so the process of identifying and selling stations to meet current FCC ownership limits has begun. The new Clear Channel will need to sell 55 stations in 37 markets. Media Venture Partners has been hired by Clear Channel to market the stations for sale or swaps.

Source: Inside Radio

Tags: bain capital, clear channel, radio, sale, stations, thl partners

This entry was posted on Tuesday, August 5th, 2008 at 10:33 am and is filed under Radio Industry Technology News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.