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- AT&T Sends Controversial ‘American Idol’ Text Message
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Search Gone Wild!
Find Out Why in Oneupweb's Eye Tracking Study on Google's Real-Time Results.- ‘The Daily Wrap:’ 84 Lumber, Wal-Mart, Marks & Spencer
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- Behind the Curve: Week Ended March 19, 2010
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- Top 10 Print Media Websites - February 2010
BofA: Clear Channel Deal Likely to Fall Through
The Clear Channel deal that would take it private is likely to falter, according to Bank of America securities analyst Jonathan Jacoby.
Jacoby believes that the large institutional investors will push for higher value creation, rather than to sell out to private equity, according to Radio Ink. That means that shareholders will be less likely to approve even a “sweetened” offer from Lee/Bain, and that there is a high probability that the offer will be rejected by shareholders.