Emmis looking to schedule next shareholder vote


The attempt of Jeff Smulyan’s JS Acquisition to acquire the shares of Emmis Communications and take the company private again ran into a roadblock Friday 8/27/10, and no further meetings were scheduled at that time. However, an Emmis spokesperson told RBR-TVBR that a new meeting may be announced Monday 8/30/10.

The latest swing and a miss is strike five – but luckily for Smulyan, such deals do not operate under the rules of baseball and if all goes according to plan his next trip to the plate for another crack at recalcitrant shareholder pitching will be scheduled in the very near future.

Emmis stock closed Friday 8/27/10, at $2.02. The offer on the table is $2.40 per share.

For Friday stock closings: Broadcasters cash in as Fed’s Ben Bernanke floats all Wall Street boats – 08/27/10

Emmis privatization: Fourth time no more charmed than the third

Breaking: Another one-week delay for Emmis vote

Postponement #3 for Emmis shareholders vote

Emmis shareholders waiting…again

Will third time be the charm for Emmis vote?

Emmis vote bumped to Friday the 13th

Emmis shareholders waiting for news

Emmis vote put off again

Emmis and Jeff Smulyan extend tender offers

Emmis stock recovers some ground

Emmis adjourns shareholder meeting without vote

Emmis buyout outcome still a mystery

No word from Emmis on eve of shareholder vote

Judge refuses to block Emmis buyout

Yet another lawsuit over Emmis trying to go private

Jeff Smulyan facing Emmis options

RBR-TVBR First: Preferred shareholders opposing Emmis buyout

Emmis vote set for August 3rd

Emmis files preliminary proxy for going private

Smulyan tender for Emmis stock extended over a month

Emmis buyout tender to be launched next week

Emmis board says buyout is fair and the only bid possible

Emmis employees told Jeff is still going to be the boss

Emmis board endorses going private transaction