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Emmis Communications
Failed bid to take Emmis private costing millions
September 16, 2010
Scott OlsonEmmis CEO Jeff Smulyan's JS Acquisition LLC has racked up takeover expenses of $10.2 million, a figure that's sure
to escalate now that JS Acquisition is suing its one-time financier for backing out of the deal.
MoreSmulyan-led firm sues backer over failed Emmis deal
September 15, 2010
Andrea Muirragui DavisEmmis Communications Corp. CEO Jeff Smulyan’s JS Acquisition LLC is suing its one-time financier for backing out of
a deal to take the Indianapolis-based media company private.
MoreEmmis' Smulyan wants FM radio tuners in cell phones
September 11, 2010
Anthony SchoettleCongress is expected this fall to debate the idea of mandating the inclusion of tuners, a move that could boost the struggling
radio industry.
MoreUPDATE: Large debt load will continue to weigh on Emmis
September 9, 2010
Scott OlsonEmmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in
his attempt to purchase the company and take it private.
MoreEmmis CEO calls off bid to take firm private
September 9, 2010
Scott OlsonEmmis Communications Corp. will remain a public company after executives announced Thursday morning that CEO Jeff Smulyan
has abandoned his efforts to buy the Indianapolis-based media firm.
MoreSmulyan delays Emmis buyout vote again
September 8, 2010
A Wednesday evening shareholders meeting has been postponed until Thursday at 8:30 a.m., when the Emmis CEO again will try
to take the company private.
MoreAnother day, another delay for Emmis going-private vote
September 3, 2010
Cory SchoutenEmmis Communications CEO Jeff Smulyan delayed a shareholder vote Friday morning, for the eighth time overall and second time
in 24 hours, on a proposed deal to take the company private.
MoreSmulyan delays Emmis buyout vote for 7th time
September 2, 2010
J.K. WallEmmis Communications CEO Jeff Smulyan delayed a vote again on his plan to take the company private. But shareholders of the
Indianapolis-based radio company will gather Friday morning at 8:30 to decide the fate of Smulyan's $90 million buyout bid.
MoreUPDATE: Emmis shares slide after firm says deal in peril
August 30, 2010
Scott OlsonA private-equity firm backing Emmis CEO Jeff Smulyan's buyout signed off on a compromise, but then changed its mind.
MoreEquity firm withdraws support for revised Emmis deal
August 30, 2010
Scott OlsonA Monday morning announcement from Alden Global Capital puts CEO Jeff Smulyan's efforts to take Emmis private in real jeopardy.
His attempts to sway preferred shareholders already have failed five times.
MoreEmmis privatization effort still on hold
August 27, 2010
Anthony SchoettleLocal media company still discussing deal with dissident shareholders, who refused to vote Friday evening. A new date for
another shareholders meeting is to be announced
Monday.
MoreEmmis again delays vote to go private
August 20, 2010
Anthony SchoettleThe media company schedules another meeting for Aug. 27—what will be the fourth in five weeks—in hopes of gaining
enough
votes to take company off the public market.
MoreSmulyan still lacks support to take Emmis private
August 13, 2010
Anthony SchoettleEmmis has again delayed a shareholder vote to take the company off the public market. A new meeting is set for Aug. 20.
MoreWill third time be a charm for Emmis?
August 13, 2010
Scott OlsonEmmis shareholders are set to vote again Friday night on taking the company private, but the proposal could be in jeopardy
if a deal is not reached
soon, says one investment expert.
MoreFinish Line founders giving up their extra voting power
August 7, 2010
Greg AndrewsThe influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process,
as Finish Line is doing.
MoreEmmis delays vote on buyout again
August 6, 2010
Anthony SchoettleAs preferred shareholders continue holdout, Emmis postpones vote to take company private. Issue will be taken up again Aug.
13.
MoreSmulyan considering another option to take Emmis private
August 4, 2010
Scott OlsonThe communications company said in a news release that CEO Jeff Smulyan is continuing to negotiate with a group of preferred
shareholders
and is considering another buyout option that would not require their consent.
MoreUPDATE: Emmis postpones buyout decision
August 3, 2010
Scott Olson, J.K. WallEmmis Communications Corp. on Tuesday postponed a decision on CEO Jeff Smulyan's bid to take the company private, saying
it did not receive enough votes from shareholders to reach a quorum.
MoreEmmis shares skid ahead of buyout vote
August 3, 2010
J.K. WallOpposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per
share.
MorePreferred-shareholders group may thwart buyout of Emmis
July 31, 2010
Anthony SchoettleEmmis Communications Corp. Chairman Jeff Smulyan’s effort to take the media company private could be derailed by a band
of preferred stockholders who oppose the plan.
MoreEmmis, Colts hire ex-Q95 jock 'Mad Dog' Matis
July 29, 2010
Anthony SchoettleJimmy "Mad Dog" Matis, who was fired after 23 years at Q95 earlier this year, finds a new gig—in sales—at
Emmis. He also will do the Colts post-game show with Barry Krauss.
MoreJudge rules against Emmis shareholders, allows sale
July 27, 2010
Shareholders sued to temporarily block the sale of the public company, which is set to be acquired by JS Acquisition LLC,
a private
company formed by Emmis Chairman and CEO Jeffrey H. Smulyan.
MoreJudge hears arguments challenging Emmis sale
July 20, 2010
Scott OlsonCommon shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
MoreSuitor extends tender offer for Emmis
June 24, 2010
Associated PressJS Acquisition Inc., a company owned by Emmis Communications CEO Jeffrey Smulyan, extended its buyout offer to July 30.
MoreJMV already boosting The Fan's ad revenue
June 15, 2010
Anthony SchoettleEven before ratings arrive, WFNI-AM 1070 officials said they have signed two major advertisers this month due to the recent
hire of new afternoon host JMV.
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Sounds like angie's list could have benefitted from some sort of internet based service that rates various providers of services...anybody know of any?
These are the same CEO's who complain about working-class people who unionize and negotiate decent pay and benefits for the people who make businesses run.
Are millions in Angie's List advertising expenses going into CEO Bill Oesterle pocket also? http://advanceindiana.blogspot.com/2013/05/ibj-exposes-self-dealing-by-angies-list.html?utm_source=twitterfeed&utm_medium=twitter
This is actually worse than is being reported. The properties were gifted to Oesterle with more than $4.6 million dollars in taxpayer money. So not only is he screwing his shareholders with inflated sale prices, but he is double dipping considering Mayor Ballard gifted him all the money to buy the property. Guess being politically connected (Campaign chairman to Mitch Daniels) gives you a license to steal and a get out of jail free pass. http://www.ibj.com/city-will-give-angies-list-46-million-for-real-estate/PARAMS/article/28944
A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.