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Clear Channel Outdoor Holdings (CCO)
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CCO » Topics » Gain (Loss) on Disposition of Assets - Net

This excerpt taken from the CCO 10-Q filed Nov 9, 2007.

Gain (Loss) on Disposition of Assets — Net

The gain (loss) on disposition of assets – net for the nine months ended September 30, 2007 decreased $12.9 million from $21.6 million in 2006 to $8.7 million in 2007. The decrease was predominantly related to a $13.2 million gain in our Americas segment from the exchange of assets in one of our markets for the assets of a third party located in a different market during the first quarter of 2006.

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