Edinger Associates

News from Edinger Associates PLLC

As a boutique business and finance law and consulting firm based in Washington, DC, Edinger Associates PLLC focuses on mergers and acquisitions, exchanges, joint ventures, capital formation, restructuring, and communications, regulatory, and licensing matters. Its core expertise is in assisting enterprises, lenders, and investors to identify, arrange, negotiate, and close deals.

The attorneys are experts in Bankruptcy and Financial Restructuring; Business and Finance; Real-Estate Transactions; Telecommunications, Media, and Technology; and Vertical Real Estate (Telecommunications Towers). Read more below.

Edinger Associates Assists Emmis with $131 Million Purchase of Two NYC Radio Stations

February 21, 2014 — Edinger Associates PLLC served as transactional and FCC counsel to Emmis Communications Corporation (Nasdaq: EMMS) in its purchase of urban, adult, contemporary radio station WBLS 107.5, and its sister station WLIB 1190, for $131 million in cash from YMF Media. WBLS is the No. 2 radio station in New York, and WLIB is New York’s first African-American targeted station offering an urban gospel format.

The transaction involves a Local Programming and Marketing Agreement pursuant to which Emmis will begin to program the stations on March 1, 2014, assuming Hart-Scott-Rodino clearance has been received. In addition, there will be two closings, one following initial grant of FCC consent to assignment of the stations’ FCC licenses, and the second to follow in February 2015.

The Edinger Associates team was led by Brook Edinger with the assistance of Partners Ladd Johnson and Scott Woodworth, and Senior Counsel Dag Wilkinson, as well as Attorney Kristen Basie, and Legal Assistant Mikki Stuart.

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Edinger Associates Assists Franchise Services of North America Inc. in Acquisition of Advantage Rent A Car from Hertz, Vehicle Fleet Sublease from Hertz, and Equity Financing with Macquarie Capital

May 13, 2013 — Edinger Associates PLLC served as counsel for Franchise Services of North America Inc. (“FSNA”) in its acquisition of Advantage Rent A Car (“Advantage”) from Hertz Global Holdings, Inc. (“Hertz”) and the sublease of Advantage’s nationwide rental car fleet from Hertz. The acquisition of Advantage was consummated on December 12, 2012, and FSNA has been managing Advantage since that date.

The Edinger Associates team advising FSNA was led by Principal Brook Edinger with the assistance of Partners Ladd Johnson and Scott Woodworth, and Senior Counsel Dag Wilkinson, as well as the Firm’s Associate and Legal Assistant staff.

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