Month: October 2005

  • Emmis to Acquire Majority Interest in Bulgarian Radio Company

    Indianapolis…Emmis Communications Corporation (Nasdaq: EMMS) today agreed to acquire a 66.5% shareholding in Radio FM Plus AD, a leading radio broadcasting company in Bulgaria, for $3 million. Emmis will purchase its majority holding from local shareholders and indirectly from British broadcaster GCap Media plc (LSE: GCAP). The transaction is subject to regulatory approval and is…

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