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American outdoor advertising company
Clear Channel Outdoor Holdings, Inc. is a multinational corporation which operates billboards, logo signs, and transit displays and focused on outdoor advertising. The company is based in San Antonio, Texas.
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Now wholly owned by Parent, the company underwent a change of control. Funding also included incremental term loans and Clear Channel Outdoor's cash.
Clear Channel Outdoor Holdings (NYSE: CCO) has been acquired by Mubadala Capital and TWG Global, and the transaction has now been completed. The company has been delisted from the New York Stock Exchange and will continue as a privately held business under the new owners. Wade Davis has taken over as CEO and Executive…
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