Lamar Advertising acquires Newman Outdoor Advertising assets
LAMR•Lamar Advertising acquired Newman Outdoor Advertising's assets in a cash transaction that closed this week, adding more than 2,250 billboard faces, including 73 digital displays, across four upper Midwest states.
1. Assets acquired
Lamar Advertising acquired Newman Outdoor Advertising's assets in a cash transaction that closed this week. The acquisition adds more than 2,250 billboard faces, including 73 digital displays, across four upper Midwest states. CEO Sean Reilly said the deal makes Lamar the leading outdoor advertising operator in North Dakota.
