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Emmis Communications Corp. Message Board

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  • david_a_rankin david_a_rankin Aug 31, 2012 4:52 PM Flag

    Vol 1,017,014 At 3:30PM

    I figured that's how this suit would turn out. Basically the preferred holders seem to be arguing that EMMS wasn't entitled to make a bid to retire their preferred shares at a discount to face value, but every buyback offer stands alone and can be made from any number of sources including the company.

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