{"id":1019920,"date":"2026-11-11T07:05:55","date_gmt":"2026-11-11T12:05:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/"},"modified":"2026-11-11T07:05:55","modified_gmt":"2026-11-11T12:05:55","slug":"lamar-advertising-acquires-assets-of-newman-outdoor-advertising","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/","title":{"rendered":"Lamar Advertising Acquires Assets of Newman Outdoor Advertising"},"content":{"rendered":"
\n

BATON ROUGE, La., Nov. 11, 2026 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) (\u201cLamar\u201d or the \u201cCompany\u201d), a leading owner and operator of outdoor advertising assets, announced today that it has acquired the assets of Newman Outdoor Advertising (\u201cNewman\u201d), bolstering its presence in the Midwest.<\/p>\n

The acquisition, which closed this week, adds more than 2250 billboard faces, including 73 digital displays, in North Dakota, Minnesota, Montana and South Dakota.<\/p>\n

Newman was founded in North Dakota in 1956 by Harold Newman, who began the business in his mother-in-law\u2019s garage painting signs to pay for college tuition. Over time, the company expanded into the manufacturing of traffic and road safety signs and into large-format printing and established a portfolio of billboard assets in New Mexico. The non-billboard businesses and billboards in the Southwest were previously divested.<\/p>\n

\u201cWe are thrilled to add Newman\u2019s inventory, which will further strengthen our portfolio across the upper Midwest. The transaction immediately establishes us as the leading player in North Dakota,\u201d said Sean Reilly, Lamar\u2019s chief executive officer. \u201cAs a company with deep family roots ourselves, we admire the platform that the Newman family built and we appreciate their trust in Lamar to carry the business forward.\u201d<\/p>\n

The purchase price, which was paid in cash, was not disclosed.<\/p>\n

\u201cThe Newman family wishes Lamar the very best as they take over the Newman Outdoor inventory. This is a good day for our family as I\u2019m confident it is for Lamar,\u201d said Kari Newman Ness, Chairperson of the Board.<\/p>\n

Delancey Street Partners acted as financial advisor to Newman, while DeWitt LLP acted as legal advisor. Kean Miller LLP acted as legal advisor to Lamar.<\/p>\n\n\n
Company Contact:<\/td>\nBuster Kantrow
(225) 926-1000
bkantrow@lamar.com<\/td>\n<\/tr>\n<\/table>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

BATON ROUGE, La., Nov. 11, 2026 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) (\u201cLamar\u201d or the \u201cCompany\u201d), a leading owner and operator of outdoor advertising assets, announced today that it has acquired the assets of Newman Outdoor Advertising (\u201cNewman\u201d), bolstering its presence in the Midwest. The acquisition, which closed this week, adds more than 2250 billboard faces, including 73 digital displays, in North Dakota, Minnesota, Montana and South Dakota. Newman was founded in North Dakota in 1956 by Harold Newman, who began the business in his mother-in-law\u2019s garage painting signs to pay for college tuition. Over time, the company expanded into the manufacturing of traffic and road safety signs and into large-format printing and established a portfolio of billboard … <\/p>\n

Continue reading “Lamar Advertising Acquires Assets of Newman Outdoor Advertising”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1019920","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLamar Advertising Acquires Assets of Newman Outdoor Advertising - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lamar Advertising Acquires Assets of Newman Outdoor Advertising - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BATON ROUGE, La., Nov. 11, 2026 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) (\u201cLamar\u201d or the \u201cCompany\u201d), a leading owner and operator of outdoor advertising assets, announced today that it has acquired the assets of Newman Outdoor Advertising (\u201cNewman\u201d), bolstering its presence in the Midwest. The acquisition, which closed this week, adds more than 2250 billboard faces, including 73 digital displays, in North Dakota, Minnesota, Montana and South Dakota. Newman was founded in North Dakota in 1956 by Harold Newman, who began the business in his mother-in-law\u2019s garage painting signs to pay for college tuition. Over time, the company expanded into the manufacturing of traffic and road safety signs and into large-format printing and established a portfolio of billboard … Continue reading "Lamar Advertising Acquires Assets of Newman Outdoor Advertising"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-11T12:05:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lamar Advertising Acquires Assets of Newman Outdoor Advertising\",\"datePublished\":\"2026-11-11T12:05:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/\"},\"wordCount\":290,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/\",\"name\":\"Lamar Advertising Acquires Assets of Newman Outdoor Advertising - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=\",\"datePublished\":\"2026-11-11T12:05:55+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lamar Advertising Acquires Assets of Newman Outdoor Advertising\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lamar Advertising Acquires Assets of Newman Outdoor Advertising - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/","og_locale":"en_US","og_type":"article","og_title":"Lamar Advertising Acquires Assets of Newman Outdoor Advertising - Market Newsdesk","og_description":"BATON ROUGE, La., Nov. 11, 2026 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) (\u201cLamar\u201d or the \u201cCompany\u201d), a leading owner and operator of outdoor advertising assets, announced today that it has acquired the assets of Newman Outdoor Advertising (\u201cNewman\u201d), bolstering its presence in the Midwest. The acquisition, which closed this week, adds more than 2250 billboard faces, including 73 digital displays, in North Dakota, Minnesota, Montana and South Dakota. Newman was founded in North Dakota in 1956 by Harold Newman, who began the business in his mother-in-law\u2019s garage painting signs to pay for college tuition. Over time, the company expanded into the manufacturing of traffic and road safety signs and into large-format printing and established a portfolio of billboard … Continue reading \"Lamar Advertising Acquires Assets of Newman Outdoor Advertising\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/","og_site_name":"Market Newsdesk","article_published_time":"2026-11-11T12:05:55+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Lamar Advertising Acquires Assets of Newman Outdoor Advertising","datePublished":"2026-11-11T12:05:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/"},"wordCount":290,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/","name":"Lamar Advertising Acquires Assets of Newman Outdoor Advertising - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=","datePublished":"2026-11-11T12:05:55+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg3NTA3NiM3OTU4OTQ5IzIwMTkwNDU="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lamar-advertising-acquires-assets-of-newman-outdoor-advertising\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Lamar Advertising Acquires Assets of Newman Outdoor Advertising"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/1019920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=1019920"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/1019920\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=1019920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=1019920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=1019920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}