"...A special meeting set for April 2nd will have shareholders vote on whether to award retention bonuses to qualified Emmis employees from a bonus pool of 400,000 preferred shares. The trustee of the preferred shares, however, will enter into an agreement turning the voting rights over to Emmis management. With the voting rights it already holds, that will boost the company’s votes to 66.8% of the preferred shares. Thus, when the second meeting, yet to be scheduled, is held, the approval of the amendment to the terms of the preferred issue is guaranteed. ..."