BEASLEY BROADCAST GROUP ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE WXTU-FM IN PHILADELPHIA, PA FOR $38 MILLION
Transaction Expected to be Accretive to Beasley’s Free Cash Flow NAPLES, Florida, July 19, 2018 – Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or “the Company”), a large- and mid-size market radio broadcaster, announced today that it entered into a definitive agreement to acquire WXTU-FM in Philadelphia, PA from Entercom Communications Corp. (NYSE: ETM) (“Entercom”) […]