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Emmis Communications Corp. Message Board

  • gopacker2 gopacker2 Jun 29, 2011 8:52 PM Flag

    Why invest in common?

    I have a hard time undestandng why one would invest in the common with the preferred selling at 33% of par. In addition, the pfd has some strong holders who were able scuttle the last going private deal and the pfd accruing dividends at 17% on market price rate.

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