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