OUT - Outfront Media acquires billboards and other assets in Portland Oregon and Clark County

Outfront Media (NYSE:OUT) acquired billboards and certain other business support assets in Portland, Oregon and Clark County, Washington from Pacific Outdoor Advertising. The transaction was fully funded using cash on hand. The acquired advertising assets include 211 large-format static displays, 21 digital displays, 709 posters, and 15 walls. This new Outfront market represents the establishment of an urban-market foothold in the Pacific Northwest, and a significant expansion of the company's inventory, which already includes billboards in the non-urban areas of Oregon and Washington.

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Outfront Media acquires billboards and other assets in Portland, Oregon and Clark County