Chesapeake buys more shares of Emmis Communications

By Lisa Kerner

Charlotte, N.C., Oct. 22 - Emmis Communications Corp. investors led by Chesapeake Partners Management Co., Inc. bought 832,136 shares of the company's stock between Sept. 26 and Oct. 17 priced from $4.93 to $5.56 each.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Chesapeake beneficially owns 2,247,065 shares, or 7.4%, of the Indianapolis media company's outstanding stock.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.