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Emmis Communications Corp. Message Board

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  • ScottW2000 ScottW2000 Jul 23, 2010 1:20 PM Flag

    What are the chances of Smulyan sweetening the deal?

    My fear is when the deal is called off, the stock price will drop back to one dollar. I'm sorry to say that is were it belongs based on current company performance (IMO). That is what is preventing me from buying more. Oh well, time will tell...

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    • Scott, I think that theres a far greater chance that the deal goes through than get called off. However, I agree the share price will probably collapse if the deal fails. Could go down the buck you mention.

      ETM and CMLS are now about 50% off their highs, which occured soon after the EMMS offer. So maybe get support higher then a buck.

      I believe that radio will have a strong second half of the year, with political advertising providing and added punch, and share prices shoud get a big lift. But no gurantees.....they are all a swimming in debt.


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