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 […]
SAN ANTONIO, April 6, 2026 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (“Clear Channel” or the “Company“) (NYSE: CCO) announced today that it has commenced a consent solicitation (the “Consent Solicitation“) with respect to its outstanding senior secured notes (the “Senior Secured Notes“), consisting of (i) $865,000,000 aggregate principal amount of 7.875% […]
Yesterday, Clear Channel Outdoor announced a sale to Mubadala Capital/TWG for $6.2 billion. Here’s an analysis of the sale, sponsored and analyzed by SignValue. A 12.8 times adjusted cashflow purchase multiple The transaction gives Clear Channel Outdoor an enterprise value of $6.2 billion. That works out to 12.76 times Clear […]
Shareholders to receive $2.43 per share in cash, representing a 71% premium to unaffected share price SAN ANTONIO, Feb. 9, 2026 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (“Clear Channel” or the “Company”), a leader in U.S. out-of-home (OOH) advertising, today announced that it has entered into a definitive agreement […]
We reported in September, that an activist investor, Anson Holdings, was pushing for a sale of Clear Channel. Yesterday Clear Channel stock surged 32% before trading was halted due to a circuit breaker, following a Bloomberg report that Mubadala Capital is exploring an acquisition of the billboard operator. Trading did […]
