Tag: Bain Capital

iHeartmedia (formerly Clear Channel) Trial Begins Tuesday

The trial in New York state court in a dispute over funding the buyout of iHeartmedia (formerly Clear Channel) Communications Inc. (CCU) will begin at 2 p.m. EDT Tuesday, a court official said. The start of the trial had been…

iHeartmedia (formerly Clear Channel) banks offer to arbitrate

It looks like the battle may finally be coming to a head over financing for the $25 billion buyout of iHeartmedia (formerly Clear Channel) Communications Inc. The banks have demand ed a put-up-or-shut-up arbitration offer to the private equity buyers….