Insider asked out of home investment banker Jim Johnsen of Johnsen Fretty for an interview. Like any savvy dealmaker, Johnsen turned the tables and asked to interview Insider. Yesterday Johnsen and Insider talked about billboard lending. Today Johnsen and Insider talk about Billboard Insider and Circle City Outdoor. Dave, besides being the publisher of Billboard Insider and an active lender, it turns out you are also an operator in the business. How do you possibly find the time […]
Post Tagged with: "Fairway"
Company: Adams Outdoor Advertising Markets: Illinois, Michigan, North Carolina, Pennsylvania, South Carolina, Virginia, Wisconsin. Headquarters: 500 Colonial Center Parkway, Suite 120, Roswell, GA 30076 Phone: 770-333-0399 Adams Outdoor Advertising operates an out of home plant in 7 eastern and midwest states. Adams was founded by Steve Adams in 1983 and is privately held. In 2015 Adams partnered with GTCR Partners to purchase Fairway Media Group. In January 2016 the Department of Justice approved a plan for Adams/Fairway to swap […]
The Department of Justice has agreed to let Clear Channel Outdoor swap its Indianapolis billboards to Fairway for Fairway’s Atlanta billboards so long as the companies spin off certain billboards. The transaction is part of a $150 million multiple market asset swap. The swap was announced in March but was delayed by a Department of Justice concerns that the swap would reduce competition between the two companies in each market. Under terms of the settlement agreement Clear Channel and Fairway […]
Insider has heard from multiple sources that Fairway Outdoor is trading Atlanta outdoor assets and some cash to Clear Channel Outdoor for Clear Channel’s Indianapolis plant. The Clear Channel Office in Indianapolis still answers the phone as Clear Channel Outdoor.