Emmis loosens covenant belt

By on Nov, 11 2014 with Comments 0

Emmis CommunicationsThe income Emmis expected to bring in wasn’t there, despite the fact that it outperformed its peers, and that has resulted in amended leverage targets through the next five or so quarters. Moody’s Carl Salas had some comments.

Emmis’ reliance on New York for high percentages of its results was a problem.

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