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BRIEF-Clear Channel Outdoor Holdings says declared special cash dividend in amount equal to $282.5 million
February 10, 2017 / 11:47 AM / in 8 months

BRIEF-Clear Channel Outdoor Holdings says declared special cash dividend in amount equal to $282.5 million

Feb 10 (Reuters) - Clear Channel Outdoor Holdings Inc

* On Feb 9, board declared special cash dividend in an amount equal to $282.5 million

* On Feb 9 co entered into binding option, letter of intent related to potential sale of certain intellectual property

* Letter of intent grants co binding option to purchase registered trademarks, domain names owned by iheartmedia, units

* Special dividend will be funded using cash on hand Source text for Eikon: Further company coverage:

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