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Anson Funds calls for Clear Channel Outdoor's sale. Here's why the timing may finally be right

1. Anson Funds is calling for a sale of Clear Channel Outdoor Holdings. 2. CCO's stock is down over 26% since the activist campaign began. 3. CCO's recent divestitures have made it a focused U.S. pureplay. 4. Digital billboards represent growth potential but adoption has been slow. 5. Possible acquirers for CCO include JCDecaux and Lamar Advertising.

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FAQ

Why Bullish?

The activism campaigns suggest potential strategic changes that could unlock value. CCO's focus on digital transformation and recent divestitures may enhance attractiveness to buyers.

How important is it?

Activist pressure and divestitures are significant changes that can alter valuation dynamics for CCO.

Why Long Term?

The outcome of the ongoing activist campaigns may take time to materialize. Potential acquisitions, if realized, could reshape the company fundamentally.

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