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Media M&A image Media M&A » By The Online Investor Staff, updated Thu., Jul. 2, 12:11 PM Recent mergers and acquisitions in the Media M&A category.

Slide #58. Salem Communications Twitchy.com

Acquirer: Salem Communications (NASDAQ:SALM)
Acquiree: Twitchy.com
Details: Salem Communications, a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and conservative opinion content, announced today the acquisition of the ground-breaking Twitter curation site, Twitchy.com -- founded by best-selling author, blogger, and syndicated columnist Michelle Malkin.

Salem Media Group is a domestic multimedia company focusing on Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Co.'s operating segments are: Broadcasting, which includes the operating results of its radio stations, broadcast networks, and its national sales agencies including its new digital agency Salem Surround; Digital Media, which provides Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web; and Publishing, which include Regnery Publishing, Salem Author Services; and Singing News® magazine.

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Company Name: 
Salem Media Group, Inc.
Website: 
www.salemmedia.com
Sector: 
Television & Radio
Number of ETFs Holding SALM: 
6
Total Market Value Held by ETFs: 
$402368
Total Market Capitalization: 
$24.00M
% of Market Cap. Held by ETFs: 
1.68%
 

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Strong Buy (4.00 out of 4)
84th percentile
(ranked higher than approx. 84% of all stocks covered)
Based on Zacks ABR data;
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