OOH Word on the Street Today —Lamar, Apple and Clear Channel Outdoor Euro Acquisitions Near
CCO Near Sale? Lamar Acquires Apple
Clear Channel Outdoor UK and Europe is said to be near sale to a private equity firm.
Is the US next?
Read details of the speculation provided by Editor Joshua Fineman with Seeking Alpha here ⇒ Clear Channel Outdoor said near sale of British, European units
Lamar Advertising acquires Apple (Outdoor)
According to LinkedIn post by 21 year OOH veteran Dave Peacock, VP/GM Lamar Advertising Greater Philadelphia, Lamar has acquired Apple Outdoor in Northern Maryland. Word of the impending sale has been circulating on the street for nearly a month. Looks like it has closed. No official comments have yet to be released.
From the Apple Outdoor website⇒
Apple Outdoor is a full-service, locally owned and operated billboard company based in York, Pennsylvania. We provide coverage in York and Adams Counties in Pennsylvania; and Carroll, Harford, Cecil and Kent Counties in Maryland.