Acquiring Company
WaterStone
Acquired Company
Salem Media Group
Description
WaterStone has completed the acquisition of Salem Media Group, effectively taking the company private after over fifty years as a public entity. The sale involved WaterStone acquiring all outstanding shares of Salem Media common stock at $1 per share. With this deal, Salem Media aims to invest in future growth while maintaining its established mission.
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Based on deal dataFrequently asked
Who acquired Salem Media Group?
Salem Media Group was acquired by WaterStone, based in Texas. The deal was reported on August 20, 2026. WaterStone is a private investment firm focused on acquisitions and strategic investments. The firm specializes in partnering with companies to enhance their growth potential. WaterStone is publicly traded (WSBF) and operates in Financial Services.
When did WaterStone acquire Salem Media Group?
WaterStone's acquisition of Salem Media Group was reported on August 20, 2026. WaterStone has completed the acquisition of Salem Media Group, effectively taking the company private after over fifty years as a public entity. The sale involved WaterStone acquiring all outstanding shares of Salem Media common stock at $1 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Salem Media Group do?
Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content. It is publicly traded (SALM), operating in Media And Entertainment, and is based in Camarillo.
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