A midwest out of home executive reminds Billboard Insider that there are opportunities in the current M&A market.

I read your article about M&A and I think it has slowed down, but I have looked at a few deals this year and because the bigger guys aren’t as active, and with rates up, the asking prices have become more reasonable. I think higher rates on borrowing have cooled the market but, you can always refi that loan in the future to a lower rate, you can’t with a deal you just paid too much for to begin with, I feel like that is where the market had been the last few years.

In proof of his point, look at our feature article today.

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