Acquiring Company
The Christian Community Foundation
Acquired Company
Salem Media Group
Description
Salem Media has been acquired by The Christian Community Foundation, Inc., also known as WaterStone, and is now a private company. Under the acquisition, all outstanding shares of Salem Media were purchased for $1.00 each. The partnership is aimed at strengthening Salem's focus on its Christian mission while pursuing new growth opportunities. Salem Media continues to operate its multimedia platforms with a strong commitment to its values.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Salem Media Group?
Salem Media Group was acquired by The Christian Community Foundation, based in California. The deal was reported on August 20, 2026. WaterStone is a Christian foundation dedicated to helping individuals and families improve their charitable giving and make a greater Kingdom impact. The Christian Community Foundation is privately held and operates in Non Profit.
When did The Christian Community Foundation acquire Salem Media Group?
The Christian Community Foundation's acquisition of Salem Media Group was reported on August 20, 2026. Salem Media has been acquired by The Christian Community Foundation, Inc., also known as WaterStone, and is now a private company. Under the acquisition, all outstanding shares of Salem Media were purchased for $1.00 each. 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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