Clear Channel Outdoor wins CFIUS clearance for Mubadala Capital buyout at USD 2.43 per share
Bitget2026/10/07 20:30Mubadala Capital is set to acquire Clear Channel Outdoor Holdings, following clearance from the U.S. foreign investment review process. Closing is expected on or about Oct. 14, 2026, subject to remaining customary closing conditions. Stockholders are slated to receive USD 2.43 per share in cash at completion. The company’s common stock is expected to stop trading and be delisted from the NYSE once the deal closes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clear Channel Outdoor Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610071630PR_NEWS_USPR_____NY66329) on October 07, 2026, and is solely responsible for the information contained therein.
- Mubadala Capital is set to acquire Clear Channel Outdoor Holdings, following clearance from the U.S. foreign investment review process.
- Closing is expected on or about Oct. 14, 2026, subject to remaining customary closing conditions.
- Stockholders are slated to receive USD 2.43 per share in cash at completion.
- The company’s common stock is expected to stop trading and be delisted from the NYSE once the deal closes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI trading concerns reignite: global bond markets see renewed safe-haven buying, funds flow back into U.S. Treasuries
Weakness in the stock market has triggered safe-haven buying, driving gains in US Treasuries, the Japanese yen, and the Swiss franc. Yields on US Treasuries have declined across the board, with the 30-year yield reaching its lowest level since late September.
Unafraid of the electric vehicle downturn: General Motors (GM.US) makes a bold bet on lithium-manganese-based batteries, wagering on the next generation of affordable electric vehicles
General Motors (GM.US) remains undeterred by the electric vehicle market downturn in recent years and is moving forward with a brand new EV project, aiming to launch a new battery-powered mainstream SUV in approximately three years.
WTI Price Forecast: Advances above mid-$98.00s as bullish setup backs additional gains
Abbott (ABT.US) Q3 revenue beats expectations but lowers full-year guidance; plans to spin off its nutrition business for listing
Abbott announced its third-quarter 2026 results on Wednesday. Meanwhile, the company revealed plans to spin off its nutrition business as a new independent publicly listed company.
Crypto prices
More
