MJX - BZFM swap

[Keith Lavon]

Just one point of clarification - it's Entercom getting the cash not
iHeart. iHeart is not involved in the BZ-FM/MJX transaction.

On Fri, Nov 10, 2017 at 11:18 AM, Bob DeMattia <bob.bosra@demattia.net>
wrote:

> 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
>