Lamar completed the acquisition of Verde Outdoor.

Lamar, an outdoor advertising company, completed the acquisition of Verde Outdoor, an out-of-home and online advertising solutions provider. Financial terms were not disclosed. “This deal represents a significant milestone for Lamar. We’re thrilled to have Ernie and the other Verde owners as partners, and we expect this UPREIT structure to become a template for future acquisitions with owners who want to diversify their asset bases in a tax-efficient manner,” Sean Reilly, Lamar CEO.