Finance / United States
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Un-Clear Channel
March 2008 | Private Equity AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The slow-motion car crash that is the Clear Channel buy-out rumbles on without any obvious indication of how or when it will end. The latest dramatic move in the deal between the largest US radio broadcaster and a double team of Bain Capital and THL Partners , has seen a Texas judge issue a temporary restraining order directing the deal's consortium of banks not to "interfere with or thwart" consummation of the transaction. I