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Emmis Communications Corp. Message Board

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  • fabulouspoodle fabulouspoodle Jul 23, 2010 9:18 PM Flag

    What are the chances of Smulyan sweetening the deal?

    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.

    best.

 
EMMS
2.80-0.03(-1.06%)Jul 10 4:00 PMEDT

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