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Television & Radio M&A image Television & Radio M&A » By The Online Investor Staff, updated Sat., Mar. 6, 9:37 PM Recent mergers and acquisitions in the Television & Radio M&A category.

Slide #63. Salem Church Products SermonSpice.com

Acquirer: Salem Church Products (NASDAQ:SALM)
Acquiree: SermonSpice.com
Details: Salem Church Products, a division of Salem Communications Corporation, a leading U.S. radio broadcaster, Internet content provider and publisher targeting audiences interested in Christian and conservative opinion content, announced that it has acquired SermonSpice.com, a leading online provider of church media for local churches and ministries.

Salem Media Group is a domestic multimedia company engaging in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Co.'s segments are: Broadcast, which includes the operating results of its radio stations, broadcast networks, and its national sales agencies including its digital agency, Salem Surround; Digital Media, which provides Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources through the web; and Publishing, which operates a distribution network targeting audiences interested in Christian and family-themed content and conservative news and opinion.

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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: 
$862907
Total Market Capitalization: 
$59.00M
% of Market Cap. Held by ETFs: 
1.46%
 

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Strong Buy (4.00 out of 4)
82nd percentile
(ranked higher than approx. 82% of all stocks covered)
Based on Zacks ABR data;
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