Sacre Bleu, French Outdoor Giant JCDecaux Eyes Clear Channel

  • November 9, 2006
In a move that would completely restructure the outdoor media industry, Paris-based JCDecaux, the No. 2 outdoor media operator in the world, Wednesday said it was interested in acquiring market leader Clear Channel Outdoor. The management of parent Clear Channel Communications currently is rethinking its strategic options, including a leveraged buyout that would take the publicly held company private. Google also is rumored to be a potential acquirer of Clear Channel's radio operations.
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