Standard Diversified the public tobacco, vaping, insurance and out of home company sold Standard Outdoor, LLC to Billboards LLC, an affiliate of Standard General L.P. The spinoff is part of a plan of reorganization. Here’s what Insider has learned from Standard’s April 13, 2020 Sale announcement, 2019 10k and first quarter […]
Last week Standard Outdoor, a subsidiary of Standard Diversified, purchased the remaining Fairway Outdoor assets. Looks to Insider like Standard Outdoor itself is for sale. This paragraph is tucked into a November 18, 2019 Standard Diversified press release announcing a merger and reorganization. Emphasis ours. Prior to the consummation of […]
Rumor has it that private equity fund GTCR has signed an agreement to sell the last remaining Fairway Outdoor markets (Georgia, Alabama, Florida and Kentucky) to Standard Outdoor. Standard Outdoor is a subsidiary of Standard Diversified, the publicly-traded holding company which has investments in out of home, tobacco and insurance. […]
Insider wrote a recent article on the federal governments warnings on Vaping products. The parent company of Standard Outdoor, Standard Diversified, also has a subsidiary, Turning Point Brands, who is a leading marketer in the Other Tobacco Products segment and includes several vaping related companies. Standard Diversified’s public traded stock […]
Every wonder what it’s like to be Geopath President Kym Frank? Read TierPM’s A Day in the Life of Kym Frank, President at Geopath. Newsday reports that Standard Diversified, the public company which owns Standard Outdoor, has fired chief executive Ian Estus. Gregory Baxter has been appointed interim CEO. […]
RocketVII Interactive announced the sale of its out of home assets in Ohio this week. Kalil and Co was the broker. Rockett VII’s owner also owned a a movie theater in Gallipolis, Ohio. The transaction caught Insider’s eye because Rocket’s owner had investments in a non-out-of-home company. This is more common than […]
A press release on Business Wire recently announced the closing of a $25.0 million Senior Credit Facility for Standard Diversified Opportunities Inc.(“SDOI”) with Crystal Financial LLC. SDOI is a publicly traded holding company and is the parent company to Standard Outdoor out of Austin Texas. Standard Outdoor currently owns 384 faces […]
Insider learned that Standard Outdoor and its parent company, Standard Diversified Opportunities Inc., has announced another asset acquisition, Vista Outdoor Corporation based in St. Mary’s GA. The purchase includes 86 billboard structures located in Florida and Georgia and represents Standard Outdoor’s entry into Florida and Georgia, an expansion from its […]
Expands into Northern Alabama Market January 19, 2018 05:30 AM Pacific Standard Time NEW YORK–(BUSINESS WIRE)–Standard Diversified Opportunities Inc. (“Standard Diversified” or the “Company”) (OTCQB:SDOIA) announced an asset acquisition, consisting of over 80 billboard structures, located in the Birmingham and Huntsville, Alabama markets from Quality I/N Signs and Outdoor Advertising, […]
