CCO News & Events

Reports Q4 adjusted EBITDA $164.46M vs. $144.81M last year. The company said, "On February 9, 2026, the Company announced that it entered into a definitive agreement to be acquired by Mubadala Capital, in partnership with TWG Global. Under the terms of the agreement, the investor group will acquire all outstanding shares of the Company's common stock, with the Company's common stockholders receiving $2.43 per share in cash. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions, including receipt of required regulatory approvals and approval by the Company's common stockholders. Following the consummation of the transaction, the Company's common stock will no longer be listed for trading on any public market. In light of the pending take-private transaction, the Company will not host a public 2025 fourth quarter earnings update conference call or webcast and is not providing financial guidance."

Clear Channel Outdoor Holdings announced that it has entered into a definitive agreement to be acquired by Mubadala Capital, in partnership with TWG Global. The all-cash transaction values Clear Channel at an enterprise value of $6.2B. Under the terms of the agreement, the investor group will acquire 100% of Clear Channel's outstanding common stock, with Clear Channel's common shareholders receiving $2.43 per share in cash. The per share purchase price represents a 71% premium to the company's unaffected share price of $1.42 on October 16, 2025, the last trading day prior to media reports regarding a potential transaction involving the company. The agreement was unanimously approved by Clear Channel's Board of Directors. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions, including receipt of required regulatory approvals and approval by Clear Channel's common shareholders. Following the close of the transaction, Clear Channel's common stock will no longer be listed for trading on any public market. Clear Channel intends to remain headquartered in San Antonio, Texas.