MJX - BZFM swap
Bob DeMattia
bob.bosra@demattia.net
Fri Nov 10 11:18:24 EST 2017
Let's see if I can rouse the speculators by reposting as a new thread...
I get the CBS-Entercom / iHeart swaps - but what is the point of the
Beasley/iHeart swap.
Both companies end up with the same number of Boston FMs, though iHeart
gets $12M in cash.
Is the cash the only motivation? 'MJX and BZ-FM have similar coverage
areas, and MJX
still beats BZFM in the ratings, even during Patriot's season. So what
makes BZFM worth $12M
more?
-Bob
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