Emmis Preferred-To-Common Stock Conversion Set For April 4th After Delisting Of Preferred Stock From NASDAQ

Converting

EMMIS COMMUNICATIONS CORP.'s plans to convert its Preferred Stock to Class A Common Stock have come to fruition with the company informing the SEC that the conversion will take place on APRIL 4th.  

The company has filed with the SEC to formally delist its 6.25% Series A Non-Cumulative Convertible Preferred Stock from NASDAQ's Global Select Market as of FEBRUARY 28th, which will trigger the conversion on APRIL 4th at a ratio of 2.80 shares of Class A Common Stock for each share of Preferred Stock.

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