{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-043066","form_type":"8-K","ticker":"CCO","cik":"0001334978","company_name":"Clear Channel Outdoor Holdings, Inc.","filed_at":"2026-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.873642+00:00","generated_at":"2026-05-16T03:51:17.694192+00:00","sec_items":["1.01","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Clear Channel Outdoor to be acquired by Mubadala Capital/TWG for $2.43 per share in cash","bullets":["Per share cash consideration $2.43; go-shop period allows soliciting superior proposals until March 26, 2026.","Merger requires stockholder vote, HSR and CFIUS clearance; termination fee for Company $39.8M, for Parent $92.9M.","Equity commitments up to $3.3B and debt bridge facility up to $3.369B secured to fund transaction.","Named executives receive retention bonuses: Scott Wells $660K, David Sailer and Lynn Feldman $412.5K each, Jason Dilger $174K.","Support agreements with funds affiliated with Legion Partners, Ares Management, PIMCO, and Arturo Moreno to vote in favor."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-043066","json":"https://secwatch.observer/filing/0001193125-26-043066.json","markdown":"https://secwatch.observer/filing/0001193125-26-043066.md","text":"https://secwatch.observer/filing/0001193125-26-043066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1334978/000119312526043066/0001193125-26-043066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1334978/000119312526043066/d939743d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:51:17.694192+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fd4823fc8760676e3ec53e494b9f52d678dd7bf3","claim":"Clear Channel Outdoor Holdings, Inc. entered into Agreement and Plan of Merger with Madison Parent Inc. and Madison Merger Sub Inc. (effective 2026-02-09).","evidence_excerpt":"On February 9, 2026, Clear Channel Outdoor Holdings, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Madison Parent Inc., a Delaware corporation (“ Parent ”), and Madison Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), pursuant to which the Company is to be acquired by an investor consortium comprised of affiliates and/or certain investment funds advised by Mubadala Capital (“ Mubadala Capital ”), in partnership with TWG Global (“ TWG ” and, together with Mubadala Capital, the “ Consortium ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1334978/000119312526043066/0001193125-26-043066-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Madison Parent Inc. and Madison Merger Sub Inc."},{"label":"Effective","value":"2026-02-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}