Ccore (CCO) news

Clear Channel Outdoor clarifies merger funding includes about $2.9 billion from Mubadala-affiliated funds

Clear Channel Outdoor Names Wade Davis CEO, Succeeding Scott Wells

Clear Channel Outdoor wins CFIUS clearance for Mubadala Capital buyout at USD 2.43 per share

Mubadala Capital is set to acquire Clear Channel Outdoor Holdings, following clearance from the U.S. foreign investment review process. Closing is expected on or about Oct. 14, 2026, subject to remaining customary closing conditions. Stockholders are slated to receive USD 2.43 per share in cash at completion. The company’s common stock is expected to stop trading and be delisted from the NYSE once the deal closes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clear Channel Outdoor Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610071630PR_NEWS_USPR_____NY66329) on October 07, 2026, and is solely responsible for the information contained therein.