Lamar Advertising acquires assets of Cleveland Outdoor Advertising for cash

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TipRanks

Tue, February 3, 2026 astatine 10:35 AM CST 1 min read

Lamar Advertising (LAMR) announced that it had acquired the assets of Cleveland Outdoor Advertising for cash. “The transaction adds 31 high-profile bulletin faces and much than 40 inferior bulletin faces to Lamar’s Cleveland portfolio. COA was founded 47 years agone by Debra Abdalian-Thompson and Stephen Thompson arsenic a inferior poster works and grew to see galore premium bulletin locations successful the Cleveland metro area,” the institution stated. “Debbie has been a pioneer successful the OOH industry, and we are honored that she and Steve spot Lamar to physique upon the beardown instauration that they person established,” said Ross Reilly, president of Lamar’s outdoor division.

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