We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Static on the airwaves

7 March 2007 By Lauren Silva

Providence may want to revive its bid for the $26bn radio giant. But investors must vote against the existing offer to find out. That s because a $500m breakup fee makes a deal less attractive. It would automatically skim 4 percentage points off its returns.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)