Archive for March 15th, 2008

Clear Channel says completes TV sale for $1.1 bln

Saturday, March 15th, 2008

NEW YORK - United States radio operator Clear Channel Communications Inc has said on Friday it completed the sale of its television assets to Newport Television LLC, a company set up by Providence Equity Partners to make the acquisition, for $1.1 billion.

With high risk and cheap stock, will Bear be sold?

Saturday, March 15th, 2008

PHILADELPHIA - The emergency rescue of Bear Stearns Co Inc on Friday left observers from all quarters wondering who would be the last man standing at the Wall Street bank.