We are 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 to discuss your legal rights at no charge by completing and submitting the form below.
“We are investigating whether the CCO board of directors acted in the best interests of CCO shareholders in recommending the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to CCO shareholders, and whether all material information regarding the transaction has been fully disclosed, including all conflicts.”