Wednesday 29 February 2012

Clear Channel moves to address debt load

With new CEO Bob Pittman running the company, Clear Channel has announced flashy initiatives such as its iHeartRadio online music site and an expanded partnership with Ryan Seacrest. The largest U.S. radio group has also been seeking opportunities to reduce its debt load, which expanded greatly with its 2008 sale to Bain Capital LLC and Thomas H. Lee Partners LP.

View the full article: Clear Channel moves to address debt load.

Ryan Seacrest News Headlines via Ryan Seacrest Fan Zone.

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