Clear Channel Outdoor clarifies merger funding includes about $2.9 billion from Mubadala-affiliated funds
Bitget2026/10/16 15:10- Clear Channel Outdoor amended its merger disclosure on October 16, 2026, reporting approximately $2.9 billion in equity investments from Mubadala-affiliated funds.
- Other funding sources included incremental term loans and company cash on hand.
- Cash consideration payable to equityholders at closing totaled approximately $1.3 billion; the merger made the company a wholly owned subsidiary of Parent.
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