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Prospect News home > News index > List of issuers L > Headlines for Lamar Advertising Co. > News item
Published on 7/1/2008 in the Prospect News Special Situations Daily.

SPO Partners buys more shares of Lamar Advertising

By Lisa Kerner

Charlotte, N.C., July 1 - Investors led by SPO Partners II, LP reported the purchase of 793,856 additional shares of Lamar Advertising Co. on June 26 and June 27 priced from $34.02 to $35.25 each.

The transactions were included in a schedule 13D filed with the Securities and Exchange Commission.

SPO now owns 14,792,684 shares, or 19.2%, of the Baton Rouge, La., outdoor advertising company.


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