Boston Omaha Readies an Additional $75 Million Equity Issue

Yesterday, Insider reported that Boston Omaha, the parent of Link Media Outdoor plans to grow via more out of home acquisitions.  Boston Omaha has more than $113 million million of cash and marketable securities to fund transactions.

Boston Omaha is increasing the war chest.  It has signed an agreement for an additional $75 million stock offering.  Cowan and Company will handle the issue.   Link Media Outdoor is unique among the public companies in that it is entirely funded by equity and uses no debt.

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