BEASLEY BROADCAST GROUP TO ACQUIRE GREATER MEDIA, INC.

NAPLES, Florida and BRAINTREE, Massachusetts, July 19, 2016 – Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“the Company” or “Beasley”), a large- and mid-size market radio broadcaster, and Greater Media, Inc. (“Greater Media”) today announced that they have entered into a definitive agreement pursuant to which Beasley will acquire all of the outstanding stock of Greater Media for an aggregate consideration of approximately $240 million, subject to adjustments. READ MORE…

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