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NEW YORK Clear Channel Communications and the private-equity firms that want to buy the company were claiming a legal victory Thursday after a judge on late Wednesday temporarily barred banks that promised to finance the deal from changing their minds.
In the 16 months since Thomas H. Lee Partners and Bain Capital Partners agreed to pay $19 billion for the radio giant, Wall Street has doubted that the buyout would ever happen given the deteriorated state of credit markets.
Clear
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