Clarification: Clear Channel Spinning Off 10 Percent Of Outdoor Unit

  • October 10, 2005
A story in the Oct. 6 edition of MediaDailyNews, "Dialing For Dollars: Clear Channel Wants More Of Radio's," incorrectly reported that Clear Channel Communications plans to spin off its outdoor media division. Clear Channel has announced plans to spin off only 10 percent of Clear Channel Outdoor in an initial public offering.
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