Clear Channel Outdoor (iHeartMedia)
Bain Capital and THL Partners took Clear Channel Communications private for $26.7B in 2008 — one of the largest LBOs before the financial crisis. The company (renamed iHeartMedia) filed for bankruptcy in 2018 with $20B in debt.
- FOUNDED
- 1972
- ACQUIRED
- Bain Capital, 2008, $26.7B
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Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1972
Clear Channel Outdoor (iHeartMedia) founded
2008
Acquired by Bain Capital for $26.7B
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