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Romney and ClearChannel
On July 24, 2008, Bain Capital Partners, LLC and Thomas H. Lee Partners, LP acquired Clear Channel for $18.7 billion in cash and assumption of $8 billion in debt. However, the company now finds itself smack dab up close and personal in the 2012 campaign for president of the United States. Mitt Romney is the co-owner and co-founder of Bain Capital. Bain, a private equity fund, was also part of Cumulus Media Partners until Cumulus Media, Inc. went public and bought out Romney’s interest.
http://www.facebook.com/TheBoomers.VotingDemocratic
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