Emmis Communications locks up Smulyan until 2022

Please subscribe to IBJ to decode this article.

Ehueilemrey rilhol8CmnptCoans ho ni hugs ndlte ie tcn snmwpimyii. Co2t,0JaS hig2ebCFtastn fhai eesa m moseamleEmsokd rinl O2 nene awa2imptpf t ut s naamatn. t .io

9lupie a imsn1a1m i insdy 7fda, eonvSEmd e m9haeoe lo m st7slndc be.-r,Iedaai uanhehnysdepcni

hltn raenmyeen S.r e 5aJ mtr0oceflerwn 0 p,lmehe0nay$ssaurb ipf agic o c rhn aeouTlfie yn.cb$r oi e ac hfssrisrfioon2lien al5 evguoa s1ie,eays bcoyn9o2 a aefes clhoeraia s Hhsehtateyase2ncr1etiifsr dbrttmecanatlnlair fple tsge nt i e0 ac g5lfig.le,ons2monit se saor leirrnodiev lsh aiowa

lsspalqiii2it,ias cansecvlrfonoi sn osona su admollntth0eta o tsa$n n e t ioenfdon isv tneea cwvop il au m hpcaoto umopenfeittklyo.0owin0fyamp uHce,oaycekneniu ncald

da n yata7inddl1m$anfsnn itsnusy1hteol0ocijeonieolmeorouemmansnrv2 .ibac tSct tmou l l iienspe ad a

sararpl eoo#hsdp end 8nnlia ;2 e. ;rt yain2hel reb t2uI fr&pnai&ds2Joeade Bit htiet1&autwn8e sdiro0 a o&oitaioa r2iem ftstf8eaueg#tb #ee2ohihiiam1Slb 22ahrlnaydh;foehunsn tebgetamt1# lgwot vie dtritsk r etgeeu wa ncnehnaite ; g nf8 n

a dhny ad afouEien sycm seemr a 0l aibn/an"icmoon-nddsb-nnt# _lv=sF-nos"op o lmhm>th samm sasir ssrear tcna.c :ntyii- co-0sestj0o 0eesactyr/o .- folfntete0nt>ibgaaiauiaenehtlr oirt; eahe/-tipug i>a"eteempods cwa/awpnpnr yaa hh.is slieows i-wal eyiloyssfiewc-=s" mw

i $pegpochd 5 seosfn.npgs0ise a3eniis rlothmu 4. ho de. Trbca sn,ic5 nigmtn c ra tirs 4n rEiach eeFykteyesheemntpet

601; #&