Salem Parts Ways With A D.C. AM


Salem Media Group delivered lackluster Q4 2018 results. The company’s Q1 2019 outlook is grim, too. This has led Salem shares to fall toward prices last seen on Christmas Eve 2018, and not on a consistent basis since July 2009.

Potential asset sales were discussed. Now, Salem has acted by selling a Class B AM with a rich history in the Nation’s Capital.

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