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April 19 Is Clear Channel Vote Target

April 19 is the date now for a shareholder meeting to vote on the Clear Channel buyout offer.

April 19 is the date now for a shareholder meeting to vote on the Clear Channel buyout offer.

The Associated Press quoted Stanford Financial Group analyst Fred Moran saying, “There’s no doubt the delay in the vote stems from management’s concern that they haven’t gathered enough support to push through the deal. They must have gotten indications there was enough dissension that they wouldn’t get it approved.”

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