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Stock impact report

Clear Channel Outdoor Holdings: A Bittersweet, But Appropriate End [Seeking Alpha]

Clear Channel Outdoor Holdings, Inc. (CCO) 
Company Research Source: Seeking Alpha
Despite recent operational improvements and leverage reduction, CCO remains highly leveraged and is being sold at a discount to peers. The buyout price of $2.43 per share offers only a modest premium, with limited further upside given the low likelihood of a higher competing bid. I maintain a "Sell" rating, as the risk/reward profile is now unattractive, and capital is better deployed elsewhere. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Philip Hoeppli/iStock via Getty Images Feb. 10 was a good day for shareholders of display company Clear Channel Outdoor Holdings, Inc. ( CCO ). The stock rose about 8% in response to management announcing , after the market closed on Feb. 9, that the company would be selling More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies tha Show less Read more
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