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Deals Rumor Mill: Clear Channel, Etihad, Pershing Square

By Benjamin Horney (November 12, 2014, 5:59 PM EST) -- Texas-based outdoor advertising company Clear Channel Outdoor Holdings Inc. is looking into potentially selling off its European unit and has already received a handful of offers from CVC Capital Partners Ltd. and other private equity firms that could be worth up to $3 billion, Reuters reported Wednesday. Clear Channel, which offers advertising on billboards and outdoor posters, has not yet made a decision on whether or not it will seek to sell the division and could still choose to retain the assets, the report said....

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