Is Emmis Ready For Further Deleveraging?

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Emmis Communications Chairman/CEO Jeff Smulyan addressed participants on his company’s fiscal Q1 2018 conference call Thursday morning by hinting that the sale of Class B WLIB-AM 1190 in New York is still a work in progress. He also noted that the company is looking at other ways to bring in some cash, while Emmis EVP/CFO and Treasurer Ryan Hornaday offered specifics on sales strengths and weaknesses.

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