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Emmis Communications Corp. Message Board

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  • longtimefollower longtimefollower Jan 12, 2011 2:57 AM Flag

    US Radio strong, rest of business really bad

    Instead, the value accretion that is going to be created here, is going to have to be shared with the rest of us, since deleveraging is pretty much impendingly mandated...and Smulyan would not be able to get away with taking a deleveraged EMMS out at $2.40, since the underlying residual value would be much clearer for all to see, at that point.

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