Lamar Advertising Company has acquired the assets of Verde Outdoor in the first-ever UPREIT transaction in the billboard industry, the company announced Monday afternoon. The acquisition, which closed on July 2, adds more than 1,500 billboards, including 80 digital displays, across 10 states to Lamar’s portfolio. The deal also expands Lamar’s presence in the Midwest,
Lamar adds 1,500 billboards to its portfolio through acquisition
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