Emmis Communications Commences Preferred Stock Exchange Offer and Calls Special Shareholder Meeting

Indianapolis, IN (NASDAQ: EMMS) — July 6, 2010 — Emmis Communications Corporation (“Emmis”), an Indiana corporation, announced that it has commenced an offer to exchange (the “Exchange Offer”) any and all shares of Emmis’ outstanding 6.25% Series A Cumulative Convertible Preferred Stock (the “Existing Preferred Stock”) for 12% PIK Senior Subordinated Notes due 2017 (the “New […]

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