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November 13, 2006
Clear Channel Bought By Google?
With Clear Channel's recent announcement that it is seeking "strategic alternatives to enhance shareholder value", along with news that Google is entering the radio advertising space with a potential purchase of $1Billion in radio advertising inventory from Clear Channel, there is speculation that Google will buy Clear Channel.
In his recent post, Mark Ramsey makes a convincing argument as to why this is not going to happen.
But it would be a gutsy move, wouldn't it?
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