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JCDecaux Eyes CBS, Clear Channel Outdoor

  • Reuters, Tuesday, June 8, 2010 11:36 PM
JCDecaux, the world's second-biggest outdoor advertiser, sees acquisition opportunities in the United States and is still interested in media group CBS' outdoor assets. Another potential opportunity would be rival Clear Channel Outdoor if its private-equity owners decide to sell.

"Businesses change hands regularly (in the United States). There will undoubtedly be opportunities," Jean-Francois and Jean-Charles Decaux said in an interview. The duo sensed a global recovery in advertising.

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