MONSEY, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Clear Channel Outdoor (NYSE: CCO) (“CCO”) for $2.43 per share in cash to Mubadala Capital and TWG Global. Notably, a SeekingAlpha analyst has opined that CCO is being sold at a discount compared to its competitors. If you remain a CCO shareholder and have concerns about the fairness of the sale price, you may contact our firm at the following link to discuss your legal ri ...

Core Viewpoint - Mubadala Capital is adopting a more aggressive approach to dealmaking, engaging in complex transactions and multibillion-dollar buyouts that are typically avoided by larger private equity firms and sovereign investors [1][4]. Group 1: Recent Transactions - Mubadala Capital has agreed to acquire Clear Channel Outdoor Holdings Inc. for a total valuation of $6.2 billion, which includes over $5 billion in debt, and will invest $3 billion in new equity into the business [2][3]. - The fund's Chief Investment Officer, Oscar Fahlgren, emphasized the focus on large, complex deals that can generate alpha for investors, indicating that the Clear Channel deal exemplifies this strategy [3][9]. Group 2: Strategic Differentiation - Unlike its parent company and the Abu Dhabi Investment Authority, which typically engage in minority investments, Mubadala Capital is pursuing a different strategy by embracing complexity in transactions to create long-term value [4][5]. - The fund has a history of significant acquisitions, including the purchase of CI Financial Corp. and Fortress Investment Group, showcasing its willingness to engage in large privatizations [5]. Group 3: Asset Management and Growth - Mubadala Capital manages over $430 billion in assets and has a team of more than 200 professionals across various global offices [6]. - Established in 2011, Mubadala Capital is part of a broader network of Abu Dhabi entities that collectively manage around $2 trillion in assets, reflecting a dynamic landscape in the region [7][8]. Group 4: Investment Philosophy - The fund aims to identify opportunities in areas that are less competitive, avoiding traditional auction processes and focusing on complex situations that can yield long-term value [9].

Clear Channel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Clear Channel Outdoor Holdings, Inc. - CCOFeb 12, 2026 11:21 AM Eastern Standard Time# Clear Channel Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Clear Channel Outdoor Holdings, Inc. - CCOShare---NEW YORK CITY & NEW ORLEANS--([BUSINESS WIRE])--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [Kahn Swick ...

Group 1 - Clear Channel Outdoor (CCO) is set to be acquired for $6.2 billion in an all-cash deal by Mubadala Capital and TWG Global, with a cash price of $2.43 per share [2][4] - The acquisition announcement led to a significant increase in CCO's stock price, rising 8.22% to close at $2.37, with trading volume reaching 63.9 million shares, which is approximately 1,819% above its three-month average [2][4] - CCO has experienced a decline of 88% since its IPO in 2005, indicating a challenging market position prior to the acquisition [2] Group 2 - The acquisition includes a 45-day "go-shop" period during which CCO can consider other potential acquisition offers [5] - Investors will still have options for outdoor advertising investments after the acquisition, including Boston Omaha, Lamar Advertising, and OUTFRONT Media [5] - The broader advertising industry is seeing movements, with Omnicom Group's stock increasing by 3.24% as investors evaluate consolidation and scale advantages [3]

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Core Viewpoint - Ademi LLP is investigating Clear Channel for potential breaches of fiduciary duty and other legal violations related to its transaction with Mubadala Capital and TWG Global [1] Group 1: Transaction Details - Clear Channel stockholders will receive $2.43 per share in an all-cash transaction, valuing the company at an enterprise value of $6.2 billion [2] - Clear Channel insiders are set to receive substantial benefits as part of change of control arrangements [2] Group 2: Investigation Focus - The transaction agreement imposes significant penalties on Clear Channel for accepting competing bids, which may limit competing transactions unreasonably [3] - The investigation will assess whether the Clear Channel board of directors is fulfilling their fiduciary duties to all shareholders [3]

Core Viewpoint - Halper Sadeh LLC is investigating whether Clear Channel Outdoor Holdings, Inc. is obtaining a fair price for its shareholders in the proposed sale to Mubadala Capital and TWG Global for $2.43 per share in cash [1] Group 1: Investigation Details - The investigation focuses on whether Clear Channel and its board violated federal securities laws and/or breached fiduciary duties by failing to obtain the best possible price for shareholders [1] - Concerns include the fairness of the sales process and potential conflicts of interest, as well as the adequacy of disclosed material information for shareholders to evaluate the transaction [1] Group 2: Legal Representation - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, aiming to seek increased consideration, additional disclosures, or other relief for shareholders [1] - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [1]

Core Viewpoint - Clear Channel Outdoor Holdings has agreed to be sold to Mubadala Capital in partnership with TWG Global, with an enterprise value of $6.2 billion [1] Group 1 - The acquisition highlights the ongoing consolidation in the out-of-home advertising industry, indicating strong interest from investors in this sector [1] - The deal reflects a significant valuation for Clear Channel Outdoor, suggesting confidence in the company's future growth potential [1]

Core Viewpoint - Clear Channel Outdoor Holdings, Inc. has entered into a definitive agreement to be acquired by Mubadala Capital and TWG Global for an enterprise value of $6.2 billion, with shareholders receiving $2.43 per share in cash, representing a 71% premium to the unaffected share price [1][3]. Transaction Overview - The acquisition aims to create a streamlined ownership structure supported by long-term capital from Mubadala Capital, with approximately $3 billion of equity capital committed to enhance financial flexibility and support growth initiatives [2]. - The transaction has been unanimously approved by Clear Channel's Board of Directors and is expected to close by the end of Q3 2026, pending regulatory approvals and shareholder consent [6]. Financial Implications - The purchase price of $2.43 per share reflects a significant premium over the last trading price of $1.42 on October 16, 2025, prior to media reports about the acquisition [3]. - The investment is expected to reduce debt and increase cash flow, positioning Clear Channel for long-term growth [4]. Leadership and Strategic Direction - Wade Davis, a media and technology veteran, is expected to join Clear Channel as Executive Chairman to support the company's transformation [2]. - The investor group will collaborate closely with Clear Channel's management to drive strategic direction and operational execution [7]. Financing Structure - Equity financing will be provided by Mubadala Capital and TWG, with additional preferred equity investment from Apollo-managed funds [8]. - Debt financing has been secured from a group led by JPMorgan Chase Bank and Apollo Funds [9]. Shareholder Engagement - Clear Channel will have a 45-day "go-shop" period to solicit alternative acquisition proposals, which will end on March 26, 2026 [10]. - Approximately 48% of Clear Channel's outstanding shares have already committed to support the transaction through voting agreements [11].

Core Insights - Clear Channel Outdoor (CCO) has secured an exclusive media contract to manage advertising sales across over 400 buses and 10 rail stations in Central Texas, which collectively serve more than two million riders monthly, amidst the region's rapid economic growth driven by technology and tourism [1][2]. Group 1: Advertising Strategy - CCO aims to modernize CapMetro's advertising program into a dynamic media network, enhancing connections for local and national advertisers with the growing Austin community [2][5]. - The partnership will leverage high-impact transit advertising solutions to drive measurable campaign results, capitalizing on Austin's status as a cultural and economic hub [2][5]. Group 2: Market Reach - The new transit partnership expands CCO's market presence, allowing brands to engage with consumers throughout their journey in Austin, from the airport to daily transit routes [3][4]. - Large-format bus and rail displays will provide visibility across downtown Austin and surrounding neighborhoods, reaching an audience of 2.3 million residents and 30 million annual visitors, including professional commuters and urban dwellers [4][6]. Group 3: Consumer Engagement - The partnership coincides with the 40th anniversary of SXSW in March 2026, presenting an opportunity for marketers to engage with a heightened influx of visitors and industry leaders in Austin [5]. - Out-of-home (OOH) advertising is positioned as a solution to counteract consumer skepticism towards online content and digital fatigue, effectively delivering messages in real-world settings [6]. Group 4: Company Overview - Clear Channel Outdoor Holdings, Inc. is a leader in the out-of-home advertising industry, focusing on innovation through digital billboards and data analytics to enhance advertising effectiveness [7]. - The company is committed to expanding its advertising platform, making campaigns simpler to buy while connecting advertisers with millions of consumers monthly [7][8].