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Beasley Broadcast Group Inc (BBGI.A)

BBGI.A on American Stock Exchange

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17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Beasley Broadcast entered into new credit agreement​
Friday, 17 Nov 2017 05:18pm EST 

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 07:00am EDT 

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

Beasley Broadcast Group Q2 earnings per share $0.14
Monday, 31 Jul 2017 07:00am EDT 

July 31 (Reuters) - Beasley Broadcast Group Inc :Q2 earnings per share $0.14.Q2 revenue $61 million.Qtrly earnings per share $0.14.Beasley Broadcast Group Inc says with financing of greater media acquisition, total outstanding debt as of June 30, 2017, was approximately $225 million.  Full Article

Beasley Broadcast Q1 earnings per share $0.27
Tuesday, 2 May 2017 07:00am EDT 

May 2 (Reuters) - Beasley Broadcast Group Inc :Q1 earnings per share $0.27.Q1 revenue $53.7 million.Beasley broadcast group inc - qtrly earnings per share $0.27.  Full Article

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

BRIEF-Beasley Broadcast entered into new credit agreement​

* Beasley Broadcast says ‍on Nov 17, unit entered into new credit agreement​ - SEC filing