Salem Media to Be Acquired by WaterStone in Major Growth Deal
| The Manila Times
CAMARILLO, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Salem Media, Inc. (OTCQX: SALM) today announced it has entered into a definitive agreement to be acquired by The Christian Community Foundation, Inc., d/b/a WaterStone in a transaction that will take the company private and strengthen Salem’s long-term mission across radio, digital media, streaming, podcasting, television, and publishing.