Two private equity firms are expected to make buyout offers for radio and outdoor media giant Clear Channel Communications. Clear Channel, which has retained banker Goldman Sachs & Co. to help
evaluate its strategic options, including a sale or a management buyout that would take the publicly held company private, is estimated to have a value of more than $17 billion. In addition to private
equity firms, which have become especially active in the media sector over the past year, other suitors are said to be eyeing all or part of Clear Channel, including online search giant Google, and
outdoor media rival Paris-based JCDecaux.