The deal is done. Clear Channel Outdoor stopped being a public company through a “reverse triangular merger” that closed on October 14, 2026. Here is how it worked, sponsored and analyzed by SignValue. Step 1: The buyers formed shell companies The Mubadala Capital and TWG Global consortium set up two […]
SAN ANTONIO, Oct. 14, 2026 – Clear Channel Outdoor Holdings, Inc. (“Clear Channel” or the “Company”), a leader in U.S. out-of-home advertising, today announced the completion of its previously announced acquisition by Mubadala Capital. The transaction, valued at approximately $6.2 billion, closed following the receipt of all applicable regulatory approvals […]
Washington, D.C. – The Afterschool Alliance is joining Clear Channel Outdoor (NYSE: CCO) for a national visibility campaign that celebrates afterschool programs, featuring artwork created by a 15-year-old afterschool student from Usher’s New Look. The student’s “Powered by Afterschool” design will run across nearly 2,000 digital billboards in October as […]
SAN ANTONIO, Oct. 7, 2026 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced it has received clearance from the Committee on Foreign Investment in the United States (“CFIUS”) in connection with the Company’s pending acquisition by Mubadala Capital (the “Merger”). With the receipt of CFIUS […]
Clear Channel Outdoor filed a form 8k yesterday confirming that the Mubadala sale will close before the end of the year. Clear Channel Outdoor stock rose 1.91% to $2.405 in response. Here’s the release Item 7.01 Regulation FD Disclosure. On October 1, 2026, Clear Channel Outdoor Holdings, Inc. (the “Company”) […]
US out of home stocks underperformed the market for the third quarter of 2026 as rising interest rates and fears of a possible recession impacted values. Here’s a review of US out of home stock performance in the third quarter of 2026, sponsored and analyzed by SignValue. During the […]
What should your annual capital expenditures be excluding large one-time acquisitions? We’ve heard OUTFRONT’s CFO Matt Siegel mention that OUTFRONT spends approx 5% of revenue on capital projects on investor calls. Look at this analysis prepared by Jeff Seddon of Moorgate Capital Partners. Capital spending (excluding acquisitions) averages 5.75% […]
Moorgate Capital Partners produces an outstanding quarterly report on the out of home advertising industry. Here are some charts from Moorgate’s 2Q 2026 report which caught our eye. The weighted average cost of debt was stable for the public out of home companies during the second quarter of 2026. Clear […]
New RADAR integrations bring OOH into the measurement systems marketers already use to make media investment decisions NEW YORK, Sept. 24, 2026 /PRNewswire/ — Clear Channel Outdoor (NYSE: CCO) today announced the expansion of its Clear Channel Outdoor RADAR® data platform, connecting out-of-home (OOH) audience, exposure and delivery data with the […]
Billboard Insider always enjoys reading Solomon Partners Media monthly. The September 2026 Solomon Partners Media Monthly shows that Out of Home Media companies are trading at a median 2026 estimated EBIDTA multiple of 11 times. Billboard Insider’s take: Keep in mind that these multiples are based on 2026 estimated performance. […]
