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- Friday, November 14, 2008: Lee Hamilton gets Sirius this weekend
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Fuzzy Deal Dead
No-Go on CCU’s move to private
Clear Channel Communication’s move to go private appears to be over. Two major stockholders have said they will not vote for the move, citing the company was worth more. CCU’s board wants to take the company private. Both Highfields Capital and Fidelity Investments have said “no” to the deal, derailing the move to be private.
The group operates seven stations in the San Diego market:
KOGO-AM
KLSD-AM
Channel 933
Star 94.1
US 95.7
101.5 KGB
Rock 105.3
KFI-AM from Los Angeles is often referred to as the 8th station.
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