Clear Channel Outdoor Holdings, Inc. Announces Planned Timing for SEC Filing for Initial Public Offering of Its Common Stock.SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters. Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. , Inc. (NYSE NYSE See: New York Stock Exchange :CCU CCU abbr. 1. coronary care unit 2. critical care unit CCU critical care unit. CCU Critical care unit, see there ) Clear Channel Outdoor Holdings, Inc. announced today that it plans to file with the Securities and Exchange Commission on or about August 10, 2005 a Form S-1 for its planned initial public offering of its common stock. About Clear Channel Outdoor Holdings, Inc. Clear Channel Outdoor Holdings, Inc. is a subsidiary of Clear Channel Communications, Inc. that provides its clients advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays that it owns or operates in key markets worldwide. A registration statement relating to the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. of Clear Channel Outdoor Holdings, Inc. common stock will be filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of Clear Channel Outdoor Holdings, Inc. common stock in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any such offering of securities will be made only by means of a prospectus included in a registration statement to be filed with the Securities and Exchange Commission. |
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