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In which year was iHeartMedia taken private by Bain Capital and Thomas H. Lee Partners?

  • 2006

  • 2007

  • 2008

  • 2009

Answer

iHeartMedia was taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. As a result, Clear Channel Communications, began to operate as a wholly owned subsidiary of CC Media Holdings,
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