Clear Channel Outdoor Receives U.S. Committee On Foreign Investment Clearance For Proposed $2.43 Per Share Acquisition By Mudabala Capital

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for its proposed acquisition by Mubadala Capital. The acquisition, valued at $2.43 per share, is expected to close on or about October 14, 2026, pending customary closing conditions. Upon completion, Clear Channel's common stock will cease trading and will no longer be listed on the New York Stock Exchange.