EMMIS CLOSES STOCK OFFERING OF CLASS A COMMON SHARES

Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced that it closed its offering of 4.6 million Class A common shares. The company raised $120.2 million in net aggregate proceeds, which it intends to use to repay outstanding indebtedness under its credit facility and possibly to redeem or repurchase some of its outstanding 121/2% senior […]

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