In March 2016 Insider wrote that Clear Channel Outdoor was going to swap its Indianapolis assets to Fairway Outdoor for Fairway’s Atlanta assets and some cash.  Insider was surprised to see Clear Channel Outdoor tage all over billboards when he visited Indianapolis this week.  Clear Channel Outdoor’s website also shows the Indianapolis assets.

Insider hears the swap is still going to happen but has been delayed to August or September.  Perhaps there’s a Department of Justice review or some municipalities are holding things up or maybe it’s just extremely complicated to put together a swap.

Let Insider know if you’ve heard differently.

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