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clear channel

All your radio are belong to some guys in Boston you've never heard of (except for one)

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.

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Submitted by wesli_dymoke on Sun, 2008-02-17 17:49.
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