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View Diary: Interest Skyrockets on Clear Channel Debt, StopRush Marches On (41 comments)

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  •  Clear Channel would be offering some hefty returns (1+ / 0-)
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    Empower Ink

    to finance their debt (12%-14%), but who knows whether or not the investors would end up taking a bath.
       Given Bain's history of taking their companies into bankruptcy, I'd have to say that tempting rate of return would be a risk not worth taking.

    "We the People of the United States...." -U.S. Constitution

    by elwior on Wed May 22, 2013 at 09:03:29 AM PDT

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