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Clear Channel accepts increased takeover bid

Bain Capital and Thomas H Lee Partners lifted their offer from $37.60 per share to $39 per share, after shareholders, including Fidelity and Highfields Capital, were expected to reject the previous deal at a vote in Texas today. Shareholders will now meet on May 8 to vote on the new bid, which is almost ...

 

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Welcome to the first incarnation of a new element in Campaign in which we invite experts to burrow beneath the surface of the catch-all that is "digital". Google, Isobar Mobile, JWT London, LBI and MBA share their insights on mobile.