Randaall Mays out at Clear Channel – the NY Times is reporting that Raadall Mays is “leaving” his job as President and CFO of Clear Channel. His brother Mark Mays will continue on as CEO and temporary operate as CFO until a replacement is found..
Backround of Clear Channel
At some point, the FCC is going to have to better define the point at which a private equity firm crosses the line between being a passive investor and starts being an attributable ownership interest (and become subject to market by market ownership caps).
