This is all very interesting...seriously! But doesn't anyone have anything to say about Clear Channel going private??
Clear Channel sold its radio/tv division to a private equity firm, thus once the sale is complete, Clear Channel will no longer be a publicly held company. However it will continue to be managed by the Mays. This was probably done partly due to Sarbanes-Oxley and partly due to the fact of the stock's lack of growth in recent years.