Emmis to Go Private? Smulyan Mum
October 17, 2005 at 6:02 AM (PT)
Rumors promoted by WALL STREET analysts that EMMIS might be taken private were met with no denial from CEO JEFF SMULYAN, who told the INDIANAPOLIS BUSINESS JOURNAL that "everything is under consideration. There is nothing that's not under consideration."
SMULYAN is the company's controlling shareholder with 62% of the company's votes; the company's other options include using the proceeds from the sale of its TV stations to buy more radio properties or in SMULYAN's bid for the WASHINGTON NATIONALS.
There is nothing that's not under consideration.