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Clear Channel has been bought for $19.5B ($39.20/share) by 'a private equity group' led by Bain Capital and Thomas H. Lee Partners.
Bain Capital was founded in Boston in 1984 by three partners, including Mitt Romney, who were all also partners in Bain & Co. consulting. Romney was also Massachusetts governor at the time.
WBRU 95.5, BSR 88.1, Brown University’s Department of American Civilization, and the John Nicholas Brown Center present
An exhibit celebrating 70 years of Brown college radio.