Tag: Fairway Outdoor

MediaCo Holding Divests Fairway Outdoor to Lamar For $78 Million

December 12, 2022 New York, NY – MediaCo Holding Inc. (“MediaCo”) (NASDAQ: MDIA) announced today that it has divested the assets of Fairway Outdoor LLC, its out-of-home advertising division located across the eastern United States, to Lamar Advertising Company (“Lamar”) (NASDAQ: LAMR) for $78.6 million. The sale included more than […]

Max Drachman on 2019 M&A Activity & Beyond

With Kalil & Co. handling the recently closed MH Outdoor, New South transaction, we talked with Max Drachman about the 2019 M&A market and beyond. Max, what trends are you seeing in the M&A market? It has been more of the same for the last few years.  The industry is […]

Lindmark Outdoor Media Acquires Fairway Outdoor Southwest Division

  Norman, Oklahoma – August 16, 2019 – Lindmark Outdoor Media (“Lindmark”) acquired FMG North Texas, LLC, the former Southwest Division of Fairway Outdoor (“Fairway”) from Fairway.  FMG North Texas, LLC owns billboards in Texas, Oklahoma, Arkansas, and Louisiana.  Lindmark is an Oklahoma based company owned by Trent Lindmark which […]

Steve Miller on Fairway’s EPB Digital Campaign

Yesterday Insider wrote about an ad campaign in which the large public utility district EPB took all the flips on Fairway Outdoor’s 43 Chattanooga digital billboards for a day to run a campaign publicizing high speed internet.  Insider talked with Fairway Outdoor Advertising General Manager Steve Miller about the campaign. […]

Scott Lafoy on Out of Home Acquisitions

Scott LaFoy has learned a thing or two about buying and selling out of home companies in the course of a 34 year out of home career.  He is in charge of Mergers and Acquisitions for Link Media Outdoor.  Prior to that he was a General Manager for Fairway Outdoor […]

Fairway for Sale?

  Insider has heard from a couple sources that Fairway is now or may soon be for sale. The price tag is $650 million. It may very well be a financial buyer. Possible OOH suitors all might have barriers to purchase. Lamar has the debt capacity and a stock issuance […]

4 Insights About Adams and Fairway

The bond rating document for the Adams $505 million debt issue tells you four things about Adams and Fairway’s operations. The billboards which are pledged as collateral for the debt issue do not constitute all of Adams and Fairways billboards but are a large enough sample to provide insights into […]

Company of the Day: Adams Outdoor/Fairway Outdoor

Company:  Adams Outdoor Advertising/Fairway Outdoor Advertising Markets: Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Wisconsin Headquarters: 500 Colonial Center Parkway, Suite 120, Roswell, GA  30076 Phone: 770-333-0399 Adams Outdoor Advertising (AOA) operates an out of home plant in 7 eastern and midwestern states.   Adams […]

Gainesville Georgia Going Digital

The Gainesville Times is reporting that after three years of negotiations, the City has reached a compromise to allow digital billboards.  Fairway Outdoor has the majority of the 70 or so billboards and had submitted 15 applications to convert existing static boards to digital. All the applications were denied by […]

Fairway Outdoor Requests Wilmington Code Amendment

Port City Daily reported that Wilmington NC’s City Council will hold a public hearing this week on whether to approve an amendment to the city’s Land Development Code allowing for the trimming or removal of trees on private property, as well as on city streets, to better provide unobstructed views […]