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Stock impact report

Beasley Broadcast Group Third Quarter Net Revenue Increases 10.6% to $65.1 Million

Beasley Broadcast Group, Inc. - Class A (BBGI) 
US:NASDAQ Investor Relations: bbgi.com/investors-2
Company Research Source: GlobeNewswire
Conference Call and WebcastToday, November 2, 2018 at 11:00 a.m. ET323/794-2094, conference ID 1713516 or www.bbgi.com Replay information provided below NAPLES, Fla., Nov. 02, 2018 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a large- and mid-size market radio broadcaster, today announced operating results for the three-month and nine-month periods ended September 30, 2018. As previously reported, on May 1, 2017, the Company completed the sale of six stations in Greenville-New Bern-Jacksonville, and on December 19, 2017, Beasley completed an asset exchange transaction whereby the Company exchanged its Boston adult contemporary station WMJX-FM and $12.0 million for Boston’s sports station WBZ-FM. On September 27, 2018, Beasley completed the acquisition of WXTU-FM in Philadelphia from Entercom Communications Corp. for $38.0 million. Prior to the acquisition closing, on July 23, 2018, the Company began operating WXTU-FM under a local Show less Read more
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