Lamar Advertising acquires assets of Verde Outdoor in UPREIT transaction

4 hours ago 1

Lamar Advertising Company (NASDAQ:LAMR) has acquired the assets of Verde Outdoor in the first-ever UPREIT (Umbrella Partnership Real Estate Investment Trust) transaction in the billboard industry, the company said on Monday.
The acquisition, which closed on July 2, brought more than 1,500 billboard

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