Month: October 2004

  • Emmis Signs Letter of Intent to Swap Three Phoenix Stations for WLUP-FM in Chicago

    Indianapolis…Emmis Communications Corporation (Nasdaq: EMMS) today announced that the company has signed a letter of intent with Bonneville International Corporation to swap three Phoenix radio stations – KTAR-AM, KMVP-AM and KKLT-FM – in exchange for WLUP-FM (The Loop) in Chicago and $70 million in cash, which Emmis will use to pay down debt. Emmis has…

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