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Beasley Broadcast Group Inc (BBGI.OQ)

BBGI.OQ on NASDAQ Stock Exchange Global Market

11.65USD
24 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Beasley Broadcast entered into new credit agreement​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Beasley Broadcast Group Inc :Beasley Broadcast says ‍on Nov 17, unit entered into new credit agreement​ - SEC filing.Beasley Broadcast - ‍new credit agreement provides for term loan B facility in amount of $225 million, revolving credit facility of $20 million​.Beasley Broadcast Group Inc - ‍proceeds from new credit facilities were primarily used to repay old credit facilities​.Beasley Broadcast Group Inc - ‍term loan facility matures on November 1, 2023​.  Full Article

Beasley Broadcast Group Q3 earnings per share $0.22
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Beasley Broadcast Group Inc :Q3 earnings per share $0.22.Q3 revenue $58.9 million.  Full Article

Beasley Broadcast Group reports Q2 earnings per share $0.11
Friday, 29 Jul 2016 

Beasley Broadcast Group Inc : Beasley Broadcast Group reports second quarter net revenue of $27.8 million and diluted eps of $0.11 . Q2 earnings per share $0.11 .Q2 revenue $27.8 million.  Full Article

Beasley broadcast to pay Greater Media fee of $6.4 if Greater Media terminates merger
Wednesday, 20 Jul 2016 

Beasley Broadcast Group Inc :Merger agreement provides that co shall pay Greater Media termination fee of $6.4 million if Greater Media terminates merger agreement.  Full Article

Beasley Broadcast to acquire Greater Media
Tuesday, 19 Jul 2016 

Beasley Broadcast Group Inc : Under terms of agreement, greater media shareholders are expected to receive approximately $100 million in cash . Beasley will refinance approximately $80 million of debt of greater media. . In connection with acquisition, beasley will initially acquire 21 radio stations in seven markets including four new markets . Beasley intends to divest certain radio stations in charlotte, nc to obtain fcc approval of proposed transaction . Greater media shareholders are expected to receive approximately $25 million in shares of company's class a common stock . Beasley broadcast group inc says transaction increases broadcast portfolio by approximately 40% . Beasley intends to divest certain radio stations in charlotte, nc to obtain fcc approval of proposed transaction . Beasley shareholders,greater media shareholders to hold approximately 81% and 19%, respectively, of beasley's outstanding shares . Rockdale partners is acting as financial advisor to greater media and debevoise & plimpton llp is acting as its legal counsel . Beasley broadcast group to acquire greater media, inc. . Beasley broadcast group inc says intends to fund acquisition through borrowings under a new credit facility . Shareholders of greater media will receive net cash proceeds from sale of its tower assets, estimated to be about $20 million.  Full Article

BRIEF-Beasley Broadcast Group Increases Quarterly Cash Dividend By 11.1 Percent

* INCREASES QUARTERLY CASH DIVIDEND BY 11.1 PERCENT TO $0.05PER SHARE Source text for Eikon: Further company coverage: