Clear Channel Outdoor Holdings Inc. (CCO) will be acquired by Mubadala Capital and TWG Global in a $6.2 billion all-cash deal, valuing the company at $2.43 per share, representing a 71% premium. The transaction is expected to close by the end of Q3 2026, with financing provided by Mubadala, TWG, Apollo-managed funds, and JPMorgan Chase Bank. A 45-day “go-shop” period allows for alternative proposals. Shareholders representing 48% of outstanding shares have entered into voting agreements. CCO’s Q4 2025 results will be released on February 26, 2026. CCO’s stock closed at $2.19 and rose to $2.30 in overnight trading.

Read more at Nasdaq: Clear Channel Outdoor To Be Acquired By Mubadala Capital And TWG Global In $6.2 Bln Deal