Emmis Trying To Go Private

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Posted by monkeyboyep on April 27, 2010 at 17:27:25:

From Inside Radio:
http://www.emmis.com
Emmis strikes buyout deal.

In a deal that will take Emmis Communications private, the company has signed a letter of intent in which the private asset management company Alden Global Capital will buy all outstanding shares of the company for $2.40.

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