I think Mitt Romney’s group bought clear channel.
From the "special meeting" press release:
Clear Channel Communications, Inc. (NYSE:CCU), a global leader in the radio broadcasting and out-of-home advertising industries, is today holding its special meeting of shareholders to vote on the adoption of a merger agreement providing for the acquisition of the Company by CC Media Holdings, Inc., a corporation formed by private equity funds sponsored by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. Under the terms of the merger agreement, shareholders were able to elect to receive merger consideration for their shares in the form of $39.20 in cash or shares of stock in Holdings.So there will apparently continue to be stockholders.
FWIW, in researching this I couldn't find any current info that Romney is still associated with Bain. Every source I found said that he was until he became CEO of the 2002 Olympics.
If you have contrary info, I'd appreciate a link.