Lamar Advertising (LAMR) to Acquire Colossal Media
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Lamar Advertising Company Announces Acquisition of Colossal Media
December 7, 2021 12:47 PM ESTBATON ROUGE, La., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), an owner and operator of outdoor advertising and logo sign displays, announced today that it has acquired Colossal Media, the leading operator of hand-painted walls and murals.
Colossal currently operates 81 large-format, hand-painted wall displays in New York, Los Angeles, Chicago and six other US cities. Colossal CEO Kelly Peppers will continue to lead the company, which will operate under the Colossal brand as part of Lamar.
"Colossal has... More
