# Clear Channel Outdoor Holdings, Inc. (CCO) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_2ff3926186256d62c6c3 · retrieved 2026-08-12T07:20:21.357Z

## Overview
Clear Channel Outdoor Holdings, Inc. operates out-of-home advertising displays, including digital and print billboards, street furniture, and airport advertising across the United States and select international markets.

Clear Channel Outdoor Holdings, Inc. entered into a definitive merger agreement on February 9, 2026, to be acquired by an investor consortium of affiliates and investment funds advised by Mubadala Capital. Under the agreement, the consortium will acquire all outstanding shares of the Company's common stock (subject to certain exceptions) for $2.43 per share in cash. Stockholders approved the merger on May 12, 2026, at a special meeting. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions including regulatory approvals such as review by the Committee on Foreign Investment in the United States. Upon consummation, the Company's common stock will no longer be listed for trading on any public market.

## Terms
- Counterparty: Mubadala Capital (investor consortium) · Consideration: cash · Price/share: $2.43

## Key dates
- Announced 2026-08-04 · Vote 2026-05-12 · Expected close 2026-09-30

## Timeline
- 2026-08-04 · 8-K (0001334978-26-000023): 8-K - Clear Channel Outdoor Holdings, Inc. — *Clear Channel Outdoor Holdings, Inc. operates out-of-home advertising displays, including digital and print billboards, street furniture, and airport advertising across the United States and select international markets.* Clear Channel Outdoor Holdings, Inc. entered into a definitive merger agreement on February 9, 2026, to be acquired by an investor consortium of affiliates and investment funds advised by Mubadala Capital. Under the agreement, the consortium will acquire all outstanding shares of the Company's common stock (subject to certain exceptions) for $2.43 per share in cash. Stockholders approved the merger on May 12, 2026, at a special meeting. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions including regulatory approvals such as review by the Committee on Foreign Investment in the United States. Upon consummation, the Company's common stock will no longer be listed for trading on any public market.
  https://www.sec.gov/Archives/edgar/data/1334978/0001334978-26-000023.txt

## Citations
- 0001334978-26-000023 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000133497826000023