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BRIEF-Beasley Media to divest six radio stations
February 3, 2017 / 4:31 PM / 10 months ago

BRIEF-Beasley Media to divest six radio stations

Feb 3 (Reuters) - Beasley Broadcast Group Inc

* Beasley media group to divest six radio stations in greenville-new bern-jacksonville, nc for $11 million in de-leveraging transaction

* Says intends to use proceeds from divestiture to reduce debt

* Sale of six greenville-new bern-jacksonville stations, expected to be completed in q2 of 2017

* Cmg coastal carolina, which is affiliated with curtis media group, intends to spin-off wnct-fm to inner banks media, llc Source text for Eikon: Further company coverage:

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