Atresmedia to acquire business in Spain from Clear Channel Outdoor for $135m.

Atresmedia, a media company, agreed to acquire business in Spain from Clear Channel Outdoor, a provider of dynamic advertising platform, for $135m. "This agreement to sell our business in Spain represents the final step toward completing our process to divest our European businesses. By monetizing our European and Latin American businesses, we have improved our balance sheet and sharpened our focus on growing our America and Airports segments. We want to thank our team for their dedication and hard work in helping the Company reach this incredible milestone," Scott Wells, Clear Channel Outdoor CEO.