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Beasley Completes Greater Media Deal

Beasley Broadcast's purchase of Greater Media was completed Tuesday, Beasley said in a release Wednesday, as expected (see 1610270059). The $240 million deal adds 18 radio stations to Beasley's holdings, and involves the divestiture of a station in Charlotte, North…

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Carolina, Beasley said. Beasley also said interim CEO Caroline Beasley will take over as permanent CEO at the start of the new year, among other management changes (see 1611020026).