iHeartCommunications acquisitions, on the record

Word for word“In the first quarter of 2016, CCOH sold its outdoor business in nine non-strategic outdoor markets for an aggregate purchase price of approximately $602.0 million in cash and certain advertising assets in Florida (the “Outdoor Transactions”).” 10-K for 2015

Word for word“Equity in loss of nonconsolidated affiliates of $9.4 million for 2014 primarily related to the $4.5 million gain on the sale of our 50% interest in Buspak in the third quarter, offset by the first quarter 2014 sale of our 50% interest in Australian Radio Network Pty Ltd (“ARN”), which included a loss on the sale of $2.4 million and $11.5 million of foreign exchange losses that were reclassified from accumulated other comprehensive income at the date of the sale.” 10-K for 2015

Word for word“During 2014, our International outdoor segment sold its 50% interest in Buspak, a bus advertising company in Hong Kong and recognized a gain on sale of $4.5 million.” 10-K for 2015

Word for word“During 2013, our Americas outdoor segment divested certain outdoor advertising assets in Times Square for approximately $18.7 million resulting in a gain of $12.2 million.” 10-K for 2015

Word for word“In addition, our iHM segment exercised a put option that sold five radio stations in the Green Bay market for approximately $17.6 million and recorded a gain of $0.5 million.” 10-K for 2015

Word for word“During 2014, the Aloha Trust completed a transaction in which it exchanged two radio stations for a portfolio of 29 radio stations.” 10-K for 2015

Word for word“During the second quarter of 2016, International outdoor sold its business in Turkey for cash proceeds of $0.5 million .” 10-K for 2016

Word for word“During the fourth quarter of 2016, International outdoor sold its business in Australia for cash proceeds of $195.7 million , net of cash retained by the purchaser and closing costs.” 10-K for 2016

Word for word“We sold nine non-strategic U.S. outdoor markets in the first quarter of 2016.” 10-K for 2016

Word for word“During the first quarter of 2015, the Company sold two office buildings located in San Antonio, Texas for $34.3 million.” 10-K for 2016

Word for word“Equity in loss of nonconsolidated affiliates of $9.4 million during 2014 primarily related to the $4.5 million gain on the sale of our 50% interest in Buspak, offset by the sale of our 50% interest in ARN, which included a loss on the sale of $2.4 million and $11.5 million of foreign exchange losses that were reclassified from accumulated other comprehensive income at the date of the sale.” 10-K for 2016

Word for word“During 2014, the Aloha Trust completed a transaction in which it exchanged two radio stations for a portfolio of 29 radio stations.” 10-K for 2016

Word for word“In January 2017, Americas outdoor sold its Indianapolis, Indiana market to Fairway Media Group, LLC in exchange for certain assets in Atlanta, Georgia with a fair value of $39.4 million , plus $43.1 million in cash, net of closing costs.” 10-K for 2017

Word for word“Acquisitions During the fourth quarter of 2017, we exchanged four radio stations in Chattanooga, TN and six radio stations in Richmond, VA for four radio stations in Boston, MA and three radio stations in Seattle, WA, owned by Entercom Communications Corp.” 10-K for 2017

Word for word“In the fourth quarter of 2016, International outdoor sold its business in Australia, for cash proceeds of $195.7 million, net of cash retained by the purchaser and closing costs.” 10-K for 2017

Word for word“In the second quarter of 2016, International outdoor sold its business in Turkey.” 10-K for 2017