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SignalBlog (Free subscription) | yesterday
DaVita Inc., a provider of dialysis services, will replace Clear Channel Communications Inc., which is being taken private, after the close of trading July 30, Standard & Poor’s said Thursday. In addition, Qualcomm Inc., which develops wireless broadband technology, will replace Clear Channel in the S&P 100. Qualcomm is already a component of the benchmark 500 [...]
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Market Watch (Free subscription) | 07/24/2008
SAN FRANCISCO (MarketWatch) -- Clear Channel Communications Inc. said Thursday that it believes its shareholders have approved the broadcasting company's merger with Bain Capital Partners LLC and Thomas H. Lee Partners L.P. Clear Channel said that an initial tally showed more than 97% of the company's total shares outstanding were cast in favor of the merger, which values Clear Channel at $36 a share....