Clear Channel of U.S. intends to buy SFX Entertainment

Article Abstract:

Clear Channel Communications Inc. will acquire SFX Entertainment Inc. in deal worth $3.3 billion (3.4 billion euros). Under the deal, Clear Channel will also assume $1.1 billion in debts.

Entertainers & entertainment groups, Musical Artists & Producers, Musical Groups and Artists, Entertainment industry, Music industry, SFX Entertainment Inc., SFXBA

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Clear Channel plans to buy media firm, doubling TV assets

Article Abstract:

Clear Channel Communications Inc. has reached a deal to acquire Ackerley Group Inc. for $497 million. The deal will double Clear Channel's TV assets.

Television Broadcasting, Television broadcasting stations, Television broadcasting industry, Ackerley Group Inc.

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Blackstone Group to invest in Sirius Satellite Radio

Article Abstract:

The Blackstone Group is making an investment of $200 million (196.9 million euros) to acquire a minority share in Sirius Satellite Radio. Blackstone is acquiring an approximate 10% share of Sirius.

Investment Banking and Securities Dealing, Investment Banking, Security brokers and dealers, Investment banks, Sirius Satellite Radio Inc., CDRD, The Blackstone Group

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