industryfirst

M&A Report: Lamar Promoting executes industry-first UPREIT billboard acquisition

KEY TAKEAWAYS: Lamar Promoting completes first-ever UPREIT deal in billboard {industry} Verde Outside contributes 1,500 billboard faces throughout 10 states Acquisition expands Lamar’s attain in Midwest, Southeast, Mid-Atlantic UPREIT construction affords tax-efficient mannequin for future offers In a landmark transaction…