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Tuesday, November 11, 2014

Market Chatter- Corporate finance press digest, (NYSE: CCO)

The following corporate finance-related stories were reported by media: * Thai energy drink maker Carabao Group PCL has priced its initial public offering (IPO) at 28 baht a share, to raise 7 billion baht ($213.28 million) for debt repayment and expansion, people with knowledge of the sale said on Tuesday.* The debt-laden parent of outdoor advertising company Clear Channel Outdoor Holdings is exploring options for its European outdoor advertising business after receiving offers from private equity firms, according to four people familiar with the matter.

Clear Channel Outdoor Holdings, Inc. provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes, spectaculars, neons and mall displays, which it owns or operates in global markets. Shares of CCO fell by 0.14% or $-0.01/share to $7.18. In the past year, the shares have traded as low as $6.22 and as high as $10.69. On average, 130040 shares of CCO exchange hands on a given day and today's volume is recorded at 67362.