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Beasley Broadcast Group Inc (BBGI.OQ)

BBGI.OQ on NASDAQ Stock Exchange Global Market

13.15USD
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Beasley Broadcast Group Q4 EPS $1.57
Tuesday, 21 Mar 2017 07:00am EDT 

Beasley Broadcast Group Inc : Beasley Broadcast Group fourth quarter net revenue increases 89.1% to $53.7 million; pro-forma net revenue rises to $65.8 million reflecting partial quarter contribution from newly acquired stations . Q4 earnings per share $1.57 . Q4 revenue $53.7 million .Beasley Broadcast - on track to complete greater media integration and realize synergies expected from this transaction within 12 to 18 months.  Full Article

Beasley Media to divest six radio stations
Friday, 3 Feb 2017 11:02am EST 

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.  Full Article

Beasley Broadcast Group reports Q2 earnings per share $0.11
Friday, 29 Jul 2016 07:00am EDT 

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 07:57am EDT 

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 05:55pm EDT 

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

Beasley Broadcast Group declares quarterly cash dividend of $0.045 per share
Friday, 18 Mar 2016 01:00pm EDT 

Beasley Broadcast Group:Board of Directors declared a quarterly cash dividend of $0.045 per share of its Class A and Class B common stock.Dividend is payable on April 8 to shareholders of record date as on March 31.  Full Article

Beasley Broadcast Group Inc declares quarterly cash dividend of $0.045 per share
Tuesday, 8 Dec 2015 01:59pm EST 

Beasley Broadcast Group Inc:Board of Directors declared a quarterly cash dividend of $0.045 per share of its Class A and Class B common stock.Dividend is payable on January 8, 2016, to shareholders of record on December 31.  Full Article

Beasley Broadcast Group Inc declares quarterly cash dividend
Wednesday, 19 Aug 2015 05:00pm EDT 

Beasley Broadcast Group Inc:Declared a quarterly cash dividend of $0.045 per share of its Class A and Class B common stock.Payable on Oct. 9, to shareholders of record on Sept. 30.  Full Article

Beasley Broadcast Group Inc declares quarterly cash dividend
Thursday, 28 May 2015 04:00pm EDT 

Beasley Broadcast Group Inc:Declares quarterly cash dividend of $0.045 per share.Payable on July 10, to shareholders of record on June 30.  Full Article

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BRIEF-Beasley Broadcast Group Q4 EPS $1.57

* Beasley Broadcast Group fourth quarter net revenue increases 89.1% to $53.7 million; pro-forma net revenue rises to $65.8 million reflecting partial quarter contribution from newly acquired stations