EMDAQ Equity Media Holdings Corporation featured news, full reports, and detailed charts
Equity Media Holdings Corporation (EMDAQ/EMDAQ.PK) Wrap Up:
Equity Media Holdings Corporation, together with its subsidiaries, engages in the ownership and operation of television stations serving English and Spanish-language audiences in the United States. The company owns and operates the Central Automated Satellite Hub system that provides the means of delivering a fully automated, 24 hour a day custom satellite feed for local affiliates, and its owned and operated television stations. As of March 31, 2008, it owned 23 full power/network television stations, 38 Class A stations, and 59 low power television stations, including 2 metropolitan New York City low power stations that are under contract to purchase. The company was founded in 1998 and is...Equity Media Holdings Corporation (EMDAQ:OTC)
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Executives, Board Directors
Key developments for Equity Media Holdings Corporation (EMDAQ)
In response to an attempt by Michael Brauser, Michael Herman, and Dru Schmitt to remove all but one member of its Board of Directors, on February 19, 2009, Sunair Services Corporation filed a Supplement to its Proxy Statement. In the opinion of the Insurgents, the Supplement attempts to present a picture of a Board comprised of experienced public company directors who should continue to lead Sunair during these troubled times. The Insurgents have filed a lawsuit against Sunair Services Corporation, Devcon International Corp. and Equity Media Holdings Corporation controlled by Mr. Rochon seeking to enjoin the scheduled March 18, 2009 shareholders meeting. The lawsuit asserts that proxies are being solicited based upon false and misleading statements contained within the Supplement among other relief requested. Except for the reference to AutoNation Inc., the allegations below are contained in the lawsuit. The Insurgents believe that the management fees Sunair pays to Mr. Rochon's company are excessive and Mr. Rochon appears to be more concerned about maintaining his lifestyle rather than benefitting Sunair.
The NASDAQ Stock Market announced that it will delist the common stock, units, and warrants of Equity Media Holdings Corporation. The securities of the company were suspended on December 18, 2008 and have not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting become effective ten days after the Form 25 is filed. For news and additional information about the company, including the basis for the delisting and whether the company's securities are trading on another venue, please review the company's public filings or contact the company directly.
On December 8, the board of directors terminated Patrick Doran as chief financial officer of Equity Media Holdings Corporation. On December 10, Robert Becker was affirmed by the board of directors of the company as the company's chief operating officer and principal executive officer. Concurrently with such appointment, John Oxendine, the company's chief executive officer resigned from such office, although he remains a member of the board of directors. Mr. Becker is a director of the company.
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More Recent News About Equity Media Holdings Corporation
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EQUITY MEDIA HOLDINGS CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
EQUITY MEDIA HOLDINGS CORP Files SEC form 8-K, Bankruptcy or Receivership, Change in Directors or Principal Officers,
Show all filings for EQUITY MEDIA HOLDINGS CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for EQUITY MEDIA HOLDINGS CORP 12-Dec-2008Bankruptcy or Receivership, Change in Directors or Principal Officers, Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All infor...Click here to read the whole Article (external link)
Equity Media Holdings Corporation Files Voluntary Petition for Chapter 11 Bankruptcy Protection
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Equity Media Holdings Corporation Receives Deficiency Notice Related to Nasdaq Independent Director Composition Rules
LITTLE ROCK, Ark., Dec. 9, 2008 (GLOBE NEWSWIRE) -- Equity Media Holdings Corporation (NasdaqCM:EMDA - News), announced today that on December 4, 2008, The Company received written notification from Nasdaq that the Company was no longer in compliance with Marketplace Rule 4350(c), which addresses independent director requirements. In order to meet the requirements of this rule, the Company must maintain a board which is comprised of a majority of independent directors. The current board composition reflects four independent and four non-independent directors. * Until the earlier of the Company's next annual shareholders' meeting or November 6, 2009; or * If the next annual shareholders' meeting is held before May 5, 2009, then the Company must evidence compliance no later than May 5, 2009. The Company must submit to Nasdaq documentation, including biographies of any new directors, evidencing compliance with the rules no later than this date. In the event the Company does not regain compliance by this date, Nasdaq rules require Staff to provide written notification to the Company that its securities will be delisted. At that time, the Company may appeal the delisting determination to a Listing Qualifications Panel.About Equity Media Holdings CorporationEquity Media Holdings Corporation (NasdaqCM:EMDA - ...Click here to read the whole Article (external link)
EQUITY MEDIA HOLDINGS CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
