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Emmis Adjourns Shareholder Meeting To September 4th
August 15, 2012 at 4:28 AM (PT)
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Adjourned
As the company told the court it would do (NET NEWS 8/3), EMMIS COMMUNICATIONS CORP. opened its special shareholders' meeting TUESDAY (8/14) and promptly voted to adjourn until SEPTEMBER 4th.
The move delays the company's vote on the plan to strip preferred shares of voting rights and dividends, allowing U.S. District Judge SARAH EVANS BARKER to have more time to rule on a motion by preferred shareholders to block the meeting.
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