EMMIS COMPLETES SALE OF DENVER PROPERTIES FOR $135.5 MILLION

Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced that it has completed the previously announced sale of Denver radio station KALC-FM (“Alice”) to Entercom Communications Corporation (NYSE: ETM) for $88 million and Denver radio station KXPK-FM (“The Peak”) to Entravision Communications Corporation (NYSE: EVC) for $47.5 million. Emmis purchased KXPK-FM from Clear Channel/AMFM in […]

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