Clear Channel (CCU) Shares Down On Deal Worries

Clear Channel (NYSE: CCU) shares down today on deal worries. On CNBC, David Faber said he hears the deal can still get done by the end of February. Faber noted that people from Thomas H. Lee have expressed serious confidence in the Clear Channel deal. Faber added on CNBC, that when co-president of Thomas H. Lee was asked about the deal recently, he didn't give a response similar to his previous one, which provided some negativity regarding the CCU deal today.

You May Also Be Interested In

• Conmed weighing sale after takeover interest - Bloomberg
• Activist Toms Is Said To Want Devon Energy To Shed Assets - Bloomberg
• Carlyle to sell Copia Power to EQT - FT