Clear Channel Outdoor Holdings, Inc. (CCO) Form SCHEDULE 13D/A — Oct 16, 2026
Ares Management and its affiliated reporting persons filed Amendment No. 11 to their Schedule 13D on Clear Channel Outdoor Holdings, disclosing that the previously announced merger closed on October 14, 2026, and that each outstanding share was converted into the right to receive $2.43 per share in cash. As a result of the merger, the Ares entities no longer beneficially own any shares of Clear Channel Outdoor common stock, ending their more-than-five-percent ownership position first disclosed in May 2020.
Key figures
- Deal Value Usd
- Merger consideration of $2.43 per share in cash (total deal value not stated)
- Merger closing date
- 2026-10-14
- Ares ownership after merger
- 0%
- Merger consideration per share
- 2.43
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