Lamar Advertising Acquires Cleveland Outdoor Advertising Assets for Cash
Lamar Advertising (LAMR) announced that it had acquired the assets of Cleveland Outdoor Advertising in exchange for cash. “The transaction adds 31 high-profile bulletin board faces and more than 40 junior bulletin board faces to Lamar’s portfolio in Cleveland. COA was founded 47 years ago by Debra Abdalian-Thompson and Stephen Thompson as a junior billboard…