June 30, 2012
Greg AndrewsJeff Smulyan has been considering a new plan to buy out other Emmis Communications Corp. shareholders—a deal that could
clear the way for him to finally take the Indianapolis media company private. But Emmis’ founder and CEO insists he
has no plans to do so.
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May 21, 2012
A partnership of Herb Simon and Jeff Smulyan filed plans to buy up to an additional 1 million shares of Emmis Communications
Corp. at no more than $2 apiece.
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February 7, 2011
Scott OlsonAlden Global Capital, a firm Emmis CEO Jeff Smulyan is suing for backing out of a deal to finance his efforts to take Emmis
private, charges that a $200,000 loan Emmis made to pay his legal fees violates the Sarbanes-Oxley Act.
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January 13, 2011
J.K. WallEmmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively
pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares
gained another 13 percent on Thursday.
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December 24, 2010
Anthony SchoettleJeff Smulyan in 2010 tried for the second time in four years to take Emmis Communications Corp. private, only to see a group
of dissident investors band together to block the deal at the 11th hour.
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September 25, 2010
Greg AndrewsThe CEO thinks Emmis could cast off some big-market stations, raising ample cash to pay off the company’s bank debt
before it comes due in November 2013.
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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.
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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.
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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.
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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.
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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.
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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.
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August 20, 2010
Anthony SchoettleThe media company schedules another meeting for Aug. 27what will be the fourth in five weeksin hopes of gaining
enough
votes to take company off the public market.
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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.
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August 6, 2010
Anthony SchoettleAs preferred shareholders continue holdout, Emmis postpones vote to take company private. Issue will be taken up again Aug.
13.
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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.
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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.
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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.
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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.
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June 5, 2010
Greg AndrewsThe going-private deal he worked out—with New York-based Alden Global Capital—could result in another public offering
five years from now.
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May 1, 2010
Greg AndrewsState law normally requires board approval for buyouts. But the language cited in the letter of intent provides an exception
for conflicts of interest or special circumstances.
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April 26, 2010
Greg Andrews, Scott OlsonA big Emmis Communications Corp. shareholder believes the $90 million deal CEO Jeff Smulyan unveiled Monday morning to
take the company private is unlikely to get derailed—even though it’s worth far less than a takeover offer Smulyan
failed to get through his board four years ago.
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April 26, 2010
Scott OlsonJS Acquisition Inc., the company Emmis CEO Jeff Smulyan has established to complete the acquisition, would purchase all shares
of publicly traded Emmis for about $90 million, according to Monday morning's announcement.
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January 23, 2010
Greg AndrewsEmmis' Jeff Smulyan paid off a loan collateralized by nearly all his Emmis stock. Retired Duke Realty Chairman John Wynne
is facing new fallout from his margin loan, with the lender on his Williams Creek home pursuing foreclosure.
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December 21, 2009
Anthony SchoettleJeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.