Salem Media Group Sells Church Products Division
Salem Media Group has announced the sale of its church products division to Gloo LLC for $30 million. In addition to receiving $22,500,000 in cash and a promissory note for the final $7.5 million, Gloo will issue 833,333 Series A Preferred Membership Units to Salem. At any time after January 1, 2027, Salem may require […] […]
