BEASLEY BROADCAST GROUP ENTERS INTO ASSET EXCHANGE AGREEMENT WITH ENTERCOM COMMUNICATIONS

NAPLES, FL (November 1, 2017): Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or “the Company”), a large- and mid-size market radio broadcaster, announced today that it entered into an asset exchange agreement with Entercom Communications Corp. (NYSE: ETM) (“Entercom”), whereby Beasley will exchange WMJX-FM, 106.7MHz Boston and $12 million cash for WBZ-FM, 98.5 MHz Boston. READ MORE…

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