Home | Radio News | Breaking: Emmis buyout bid terminated


Breaking: Emmis buyout bid terminated

Font size: Decrease font Enlarge font

After weeks of trying to negotiate a deal - first with dissident preferred shareholders and then with his former financial backer, Alden Global Capital - Jeff Smulyan has given up on his effort to take Emmis Communications private. There will be no shareholders vote and all shares tendered for the $2.40 per share  buyout offer will be returned to their owners.

Have an opinion on this article? Post your comment below.

Bookmark and Share


Today's Broadcasting News

RBR - Radio News
TVBR - TV/Cable News




  • email Email to a friend
  • print Print version
Log in



Excluding political, in 2012, we expect non-traditional revenue sales to be
Submit your own poll Email production@rbr.com
www.rbr.com



Facebook

Twitter

Rate this article
0