E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers C > Headlines for Clear Channel Communications Inc. > News item
Published on 1/31/2008 in the Prospect News Special Situations Daily.

Highfields acquires more than 4.4 million shares of Clear Channel

By Lisa Kerner

Charlotte, N.C., Jan. 31 - Investors led by Highfields Capital Management LP bought 4,430,683 shares of Clear Channel Communications Inc. stock over Jan. 28 and Jan. 29 priced from $29.11 to $31.04 each.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 38,133,415 shares, or 7.7%, of the San Antonio media company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.