Two Board Positions Up For Vote At Emmis
April 15, 2010 at 6:57 AM (PT)
EMMIS COMMUNICATIONS CORPORATION has announced that holders of its 6.25% Series A Cumulative Convertible Preferred Stock are entitled to elect two new members to the Company's Board of Directors.
The election, triggered by the Company's non-payment of its APRIL 15th, 2010 Preferred Stock dividend, will occur at the Company's annual meeting of shareholders on JULY 14th, 2010. Nominations for these two director positions must be received by the Company's Secretary by the close of business on MONDAY, APRIL 26th, 2010, in accordance with the Company's by-laws.