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Clear Channel Outdoor Holdings (CCO)
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CCO » Topics » Equity in Earnings of Nonconsolidated Affiliates

This excerpt taken from the CCO 10-Q filed Aug 11, 2008.

Equity in Earnings of Nonconsolidated Affiliates

Equity in earnings of nonconsolidated affiliates increased $76.8 million during the six months ended June 30, 2008 as compared to the same period of 2007. In the first quarter of 2008, we sold our 50% interest in Clear Channel Independent, a South African outdoor advertising company, and recognized a gain of $75.6 million.

This excerpt taken from the CCO 10-Q filed May 9, 2008.

Equity in Earnings of Nonconsolidated Affiliates

Equity in earnings of nonconsolidated affiliates increased $77.9 million during the three months ended March 31, 2008 as compared to the same period of 2007. In the first quarter of 2008, we sold our 50% interest in Clear Channel Independent, a South African outdoor advertising company, and recognized a gain of $75.6 million.

EXCERPTS ON THIS PAGE:

10-Q
Aug 11, 2008
10-Q
May 9, 2008

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