Lamar Advertising Co. (NasdaqGS:LAMR) is in advanced talks to buy billboard assets in five U.S. cities from Clear Channel Outdoor Holdings Inc. (NYSE:CCO) worth roughly $450 million, according to people familiar with the matter. Lamar is close to a deal to purchase Clear Channel Outdoor's billboard assets in Cleveland, Des Moines, Memphis, Reno and Seattle, the sources said, adding that the negotiations have not been finalized.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1.8 USD | +4.65% |
|
+14.65% | -1.10% |
01/07 | Clear Channel Outdoor Holdings, Inc.(NYSE:CCO) added to Russell Microcap Growth Index | CI |
01/07 | Clear Channel Outdoor Holdings, Inc.(NYSE:CCO) added to Russell 3000 Growth Index | CI |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-1.10% | 880M | |
+17.77% | 3.86B | |
-4.56% | 3.07B | |
-19.77% | 843M | |
+9.29% | 669M | |
-15.03% | 508M | |
+16.41% | 465M | |
-40.18% | 458M | |
-6.87% | 80.08M | |
+44.94% | 79.02M |
- Stock Market
- Equities
- CCO Stock
- News Clear Channel Outdoor Holdings, Inc.
- Lamar In Advanced Talks To Buy Clear Channel Outdoor Assets