Outfront Media has closed the sale of all of its equity interests in the Company’s Argentina, Chile, Mexico and Uruguay outdoor plant to JCDecaux.  The sale price was $82 million.  Revenue and cashflow were not disclosed.

Insider’s take: A good thing for Outfront.  The market discounts revenue and cashflow from overseas outdoor assets especially when property rights and legal documentation aren’t as strong and outdoor land leases are nonexistent or short-term.