Emmis Signs Agreement to Purchase Controlling Interest in Six Austin Radio Stations

Indianapolis…Emmis Communications Corporation (Nasdaq: EMMS) today announced that the company has signed an agreement with Sinclair Telecable Inc. to purchase 50.1% of a six-station radio cluster in Austin, Texas for approximately $105 million. “We are always excited about running great radio stations in high growth markets. As home to the state capital, the University of […]

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