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This excerpt taken from the CCO 8-K filed Oct 28, 2009. INFORMATION TO BE INCLUDED IN THIS REPORT
On October 27, 2009, CC Media Holdings, Inc. (“CCMH”), the indirect parent of Clear Channel Outdoor Holdings, Inc. (the “Company”), announced that Randall Mays had informed CCMH that he will transition from his role as the Company’s Chief Financial Officer. He will assume the new role of the Company’s Vice Chairman. The effective date for Mr. Mays’ transition will be determined upon the hiring of a new Chief Financial Officer for the Company. The Company has begun a search for a new Chief Financial Officer. Mr. Mays will remain a director and employee of the Company. Revisions to Mr. Mays’ employment arrangement are still being finalized and, as a result, the Company has not included such terms in this Form 8-K. The Company will file an amendment to this Form 8-K within the prescribed time period after this information becomes available.
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This excerpt taken from the CCO 8-K filed Oct 13, 2009. INFORMATION TO BE INCLUDED IN THIS REPORT
On October 13, 2009, Clear Channel Outdoor Holdings, Inc. (the “Company”), announced that Mr. Paul J. Meyer will retire from his current position as the President and Chief Executive Officer - Americas of Clear Channel Outdoor, Inc. effective December 31, 2009. Following December 31, 2009, Mr. Meyer has agreed to serve as an exclusive consultant to the Company for a period commencing on January 1, 2010 and expiring on October 15, 2012. Mr. Meyer will focus his efforts on further developing the Company’s digital sign business. The terms of Mr. Meyer’s severance arrangements with the Company are still being finalized and, as a result, the Company has not included the terms of each in this Form 8-K. The Company will file an amendment to this Form 8-K within the prescribed time period after this information becomes available.
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This excerpt taken from the CCO 8-K filed Jun 5, 2009. INFORMATION TO BE INCLUDED IN THIS REPORT
On June 2, 2009, Clear Channel Outdoor Holdings, Inc. (the “Registrant”) issued a press release stating that it is actively pursuing alternatives to address the maturity of the intercompany note payable by it to its parent company Clear Channel Communications, Inc. The full text of the press release is attached hereto.
99.1 Press release of Clear Channel Outdoor Holdings, Inc., issued June 2, 2009.
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