Question: If EMMS, at $2.38, is up the LEAST of any of its peers, from its 52 week low, why should selling out the company for this kind of price be considered fair or acceptable, in Jeff Smulyan's eyes, let alone the eyes of the INDEPENDENT directors?? It most certainly SHOULD NOT.
What a complete , diarrhea-of the mouth -full of crap bs'r
your ventures into media and print cost you dearly--and you were warned---more than once do you understanding any accounting at all ? We know you don't know anything of legal . here's another one of your brilliant..
when you buy garbage you get garbage honorable mention htch lee fbn ta
As you can see, EMMS is the WORST performer of the whole group, down 90% from its 5 year high (even at Monday's $2.38 close). This might suggest MATERIAL UNDERVALUATION of EMMS, relative to its peers. Yet, why is our CEO attempting to take the company away from his long-suffering shareholders, at EXACTLY the point in time where the radio industry upturn is likely to provide significant RELIEF and significant REWARDS? Because he wants it "all" for himself?! Is the price offered in any way "fair" or "reasonable"? Or is this buyout offer an opportunistic effort to prevent the outside shareholder base from recouping its losses, so that Mr. Smulyan can capture the lion's share of those gains for himself?
Will the company at least show good faith by using "majority of the minority" provisions in voting on this proposed deal?