Clear Channel Outdoor Holdings, Inc. (CCO) Form 8-K — Oct 14, 2026
$CCOForm 8-KItems 1.01, 1.02, 2.01, 2.03, 2.04, 3.01, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01Filed Oct 14, 2026, 3:32 PM ET0001213900-26-109385Original filing
Clear Channel Outdoor Holdings completed its merger with Madison Parent Inc. on October 14, 2026, with each share converted into the right to receive $2.43 in cash, making the company a wholly owned subsidiary of Parent and taking it private. The transaction was funded with approximately $3.3 billion in equity from funds affiliated with Mubadala (MIC Capital Management UK LLP), a $100 million incremental term loan, and company cash; total cash to equityholders was approximately $1.3 billion.
Key figures
- Incremental Term Loans
- 100000000
- Mubadala Equity Investment
- approximately $3.3 billion
- Merger Consideration Per Share
- 2.43
- Senior Notes Redemption Deposit
- approximately $1,872.7 million
- Equityholder Cash Consideration
- approximately $1.3 billion
- Revolving Credit Facility Reduced To
- 0
- Senior notes redemption date
- October 24, 2026
- Stock price psu vesting date
- May 31, 2028
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