Salem Media, a Christian and conservative radio and media company based in Camarillo, announced its acquisition of the website TradersCrux on July 13.
Salem-owned Eagle Financial Publications owns several similar websites and publishes financial and investing-related content, making the acquisition a complementary offering, Vice President and Publisher Roger Michalski said in a news release.
“With Eagle’s broad range of investing content and advice, we will be able to provide TradersCrux’s website visitors and newsletter subscribers an enhanced choice of investing resources,” he said. “At the same time, adding TradersCrux gives Eagle an expanded audience for marketing its products and for increasing its advertising revenue.”
Salem did not release financial terms of the acquisition.
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