Clear Channel Outdoor Holdings Clears Last Regulatory Hurdle For Mubadala Capital Buyout
MT newswire2026/10/07 20:5004:50 PM EDT, 10/07/2026 (MT Newswires) -- Clear Channel Outdoor Holdings Inc (CCO) said Wednesday it has received clearance from the Committee on Foreign Investment in the United States for its pending acquisition by Mubadala Capital for $6.2 billion, completing all regulatory requirements for the deal. The company expects the merger to close on or about Oct. 14, subject to the satisfaction or waiver of remaining customary closing conditions. Stockholders will receive $2.43 per share in cash upon completion. The company's common stock will then cease trading and be delisted from the New York Stock Exchange.
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