Indianapolis….Emmis Communications Corporation (Nasdaq: EMMS) has announced it has reached an agreement to transfer WKQX-FM (101.1 MHz, Chicago, IL), WLUP-FM (97.9 MHz, Chicago, IL) and WRXP-FM (101.9 MHz, New York, NY) to Merlin Media LLC (“Merlin Media”), a controlling interest of which will be acquired by Chicago-based private equity firm GTCR and Randy Michaels. Emmis […]