1.0link93438<![CDATA[Report: Clear Channel Deal Collapsing]]>http://www.huffingtonpost.com/2008/03/26/report-clear-channel-deal_1_n_93438.htmlSAN ANTONIO — Shares of Clear Channel Communications Inc. plummeted in late trading Tuesday, following a report that the media company's private buyout is on the brink of collapse.
Shares fell $1.89, or 5.5 percent, to end regular trading at $32.56, then fell 21 percent in after-hours trading to $25.82 _ far below the $39.20 per share the buyout firms promised shareholders.