Clear Channel Watchers Look for Plan B

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Reuters, March 15, 2007
By Sue Zeidler

Does Clear Channel Communications Inc. have a Plan B?

That is the question analysts and industry watchers are wondering after the largest U.S. radio station operator this week delayed a shareholder vote on a $19-billion buyout offer from the founding Mays family and private equity firms Bain Capital and Thomas H. Lee Partners LP.

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